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tyet wered Tagement Consider the after-tax cash flows for projects S and I: ced out of le Year 1 Projects JOD 10,000 Year 2 Project

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tyet wered Tagement Consider the after-tax cash flows for projects S and I: ced out of le Year 1 Projects JOD 10,000 Year 2 Project 1 A rational person would prefer 0 0 JOD 10,000 Select one O a project s because the money can be reinvested sooner O b. project I because they can avoid taxes by receiving cash flows later c. neither investment over the other d. information about profits instead of cash flows A(n) in ci

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