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RS Techniques Ltd is evaluating two mutually exclusive projects. The internal rate of return (IRR) of Project C is 12% and for Project D 14%.

RS Techniques Ltd is evaluating two mutually exclusive projects. The internal rate of return (IRR) of Project C is 12% and for Project D 14%. The firms cost of capital is equal to 15%. Which project(s) should RS Techniques Ltd accept?

Project C

None of the projects

Both Project C and Project D

Project D

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