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The manager of a local company has to choose between the two projects below. The required rate of return is 10%. Year Project A Project

The manager of a local company has to choose between the two projects below. The required rate of return is 10%. Year Project A Project B 0 -200000 -300000 1 75000 90000 2 78000 93000 3 80000 95000 4 50000 108000

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