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Question 5 (1 point) Katie Hutchison, the finance manager of Task Motors Corp., estimates the NPVs and IRRs of two mutually exclusive projects. If Hutchinson

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Question 5 (1 point) Katie Hutchison, the finance manager of Task Motors Corp., estimates the NPVs and IRRs of two mutually exclusive projects. If Hutchinson assumes a discount rate of 10%, which project will she most likely choose? Cash flows Project Initial investment Year 1 Year 2 Year 3 Year 4 IRR (%) A $4,500 $2,100 $1,500 $1,300 $900 12.8% B $4,500 $0 $0 $0 $7,000 11.7% Question 5 options: a. Both Project A and Project B. b. Project B. c. Project A

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