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rive Westchester Corp, is considering two equally risky, mutually exclusive projects, both of which have normal cash flows and requires same level of initial outlay.

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rive Westchester Corp, is considering two equally risky, mutually exclusive projects, both of which have normal cash flows and requires same level of initial outlay. Project A has an IRR of 11%, while Project B's IRR is 14% If the company's cost of capital is 12%, which project should the company accept? O Project A O Project B O Both projects are acceptable O Neither of the projects is acceptable

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