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Suppose the Canadian Space Agency has two mutually exclusive projects: landing a person on Mars and landing a person on Venus. Project Mars has an

image text in transcribed Suppose the Canadian Space Agency has two mutually exclusive projects: landing a person on Mars and landing a person on Venus. Project Mars has an IRR of 12% and project Venus has an IRR of 15%. The crossover rate is 9%. The project's appropriate discount rate is 18%. Accept both projects. Accept project Mars. Accept neither project. Accept project Venus

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