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The following is estimated for 2 independent projects: Project P Project Q project cost of capital 0.09 0.11 NPV 1350000 1150000 internal rate of return

The following is estimated for 2 independent projects:
	Project P	Project Q
project cost of capital	0.09	0.11
NPV	1350000	1150000
internal rate of return	0.1111	0.1212
The decision should be to select project _____ and why?

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