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Projects X and Y are mutually exclusive. The required return is 10%. Year Cash Flow (X) 0 - 175,000 1 85,000 2 35,000 3 125,000

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Projects X and Y are mutually exclusive. The required return is 10%. Year Cash Flow (X) 0 - 175,000 1 85,000 2 35,000 3 125,000 Which project(s) would be finally chosen and why? Cash Flow (Y) -20,000 10,000 10,000 10,000 OA) Project Y because it has the higher IRR B) Project Y because it has a positive and higher NPV C) Both projects X and Y because they both Save a positive NPV D) Project X because it has the higher IRR than the required return E) Project X because it has a positive and higher NPV

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