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Which of the following mutually exclusive projects would you select, if both require an initial investment of $1,050 , and the discount rate is 15%;
Which of the following mutually exclusive projects would you select, if both require an initial investment of $1,050 , and the discount rate is 15%; Project A with three annual cash flows of $1,000 (years 1-3), or Project B, with three years of zero cash flow followed by three years of $1,500 (years 4-6) annually?Show your work.
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