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The MB Company is considering investment in one of the following mutually exclusive projects.Cash inflows of foreseeable next four years are given below (cash inflows

The MB Company is considering investment in one of the following mutually exclusive projects.Cash inflows of foreseeable next four years are given below (cash inflows 000 dollars)

Probabilty Project K Project L

0.15 4250 4250

0.2 4750 5250

0.3 5250 6250

0.2 5750 7250

0.15 6250 8250

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