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Use excel to solve this proble. You are considering the following two mutually exclusive projects. The risk - adjusted discount rate for each project is

Use excel to solve this proble.

You are considering the following two mutually exclusive projects. The risk

-

adjusted discount rate for each project is

14

percent. Which project should you accept and what is the best reason for that decision? Year Project Romulus Project Remus

0 (46, 000) (46, 000) 1 25, 000 11, 000 2 18, 000 19, 000 3 16, 000 32, 000

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