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Sohar Steel Industries LLC is a leading fire rated doors manufacturer in Sohar, planning to invest in a project. Assume that there are two mutually

Sohar Steel Industries LLC is a leading fire rated doors manufacturer in Sohar, planning to invest in a project. Assume that there are two mutually exclusive projects available for its investment. As a Financial Advisor of Sohar Steel Industries, you are required to:

1. Elaborate the importance of mutually exclusive projects to the finance team of the company.

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