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The company is considering two projects, project A and project B. Project A requires equipment purchase but no working capital investment. In contrast, project B

image text in transcribed The company is considering two projects, project A and project B. Project A requires equipment purchase but no working capital investment. In contrast, project B requires a working capital investment but no equipment. The project life is eight years, and the relevant information for net present value analysis is given below: (CLO3) Select the best investment using the net present value (NPV) method, assuming a discount rate of 20%

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