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Year 0 Cash Flows: Project A (in millions) -125 Cash Flows: Project B (in millions) -140 1 40 85 2 30 50 3 85

Year 0 Cash Flows: Project A (in millions) -125 Cash Flows: Project B (in millions) -140 1 40 85 2 30 50 3 85 -20 4 -10 -15 5 70 90

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