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Question 7 5 pts Chestnut Tree Farms has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 -$50,000 -$50,000

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Question 7 5 pts Chestnut Tree Farms has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 -$50,000 -$50,000 1 $35,000 $15,000 $13,000 2 $8,000 3 $7,000 $15,000 4 $6,000 $20,000 If forced to choose one of the two projects above, over what range of discount rates would you choose Project A? 12.32 percent or less 12.32 percent or more 13.16 percent or less 13.98 percent or less 13.98 percent or more

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