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Mitchell, Inc must choose between two mutually exclusive projects. Project A requires an upfront investment of $22,000. Project B costs $35,500. The cash flows for
Mitchell, Inc must choose between two mutually exclusive projects. Project A requires an upfront investment of $22,000. Project B costs $35,500. The cash flows for the two projects are detailed below. Mitchell Inc has a cost of capital of 9%. Which project should Mitchell Inc invest in if Mitchell Inc uses Net Present Value to choose projects? Project A Project B Year 1 $10,000 Year 1 $5000 Year 2 $10,000 Year 2 $17,800 Year 3 $10,000 Year 3 $24.500 HTML Editores BIU A -A- Ix Exx TTT 12pt
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