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Question 12 (1 point) Jet's Pizza is considering investing in a new type of pizza oven. If the discount rate is 12% for these mutually
Question 12 (1 point) Jet's Pizza is considering investing in a new type of pizza oven. If the discount rate is 12% for these mutually exclusive projects, which project should the company invest in? Time 0 Modern Oven -10,000 5,000 4,000 3,000 Time 1 Brick Oven -14,000 4,000 3,000 10,000 Time 2 Time 3 Modern Oven Brick Oven Both projects - both have positive NPV Neither project - both have negative NPV
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