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Question 6 A firm with a cost of capital of 6% will make a decision about two mutually exclusive projects. Project X requires an initial

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Question 6 A firm with a cost of capital of 6% will make a decision about two mutually exclusive projects. Project X requires an initial investment of $46,000 today and is expected to generate $19,000 for the next 17 years. Project Y requires an initial investment of $43,000 and is expected to generate $16,800 for the next 17 years. The firm will choose which has an NPV of Project X: $140,999 Project : $126,367 O Project : $153,068 Project X: $153,068 Project X: $160,721

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