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Use this content for questions 6 and 7, consider the following cash flows on two mutually exclusive projects: Year Project A Project B 0 $

Use this content for questions 6 and 7, consider the following cash flows on two mutually exclusive projects:

Year

Project A

Project B

0

$

52,000

$

53,000

1

22,000

24,000

2

20,500

23,000

Calculate the NPV for each project B.

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