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Time: Investment A: Investment B: 0 - $2 million - $2 million 1 $600,000 $1,000,000 2 $800,000 $800,000 3 $1,000,000 $600,000 An investor is considering

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Time: Investment A: Investment B: 0 - $2 million - $2 million 1 $600,000 $1,000,000 2 $800,000 $800,000 3 $1,000,000 $600,000 An investor is considering the two investments shown above. Her cost of capital is 7%. Which of the following statements about these investments is true? O A. The investor should take investment A since it has a greater internal rate of return (IRR). OB. The investor should take investment B since it has a greater internal rate of return (IRR). O C. The investor should take investment B since it has a greater net present value (NPV). OD. The investor should take investment A since it has a greater net present value (NPV)

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