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Year Project 1 Project 2 0 -24,000 -24,000 1 10,620 12,100 2 10,900 9,360 3 10,500 10,400 The goal of the corp. financial management is

Year Project 1 Project 2
0 -24,000 -24,000
1 10,620 12,100
2 10,900 9,360
3 10,500 10,400

The goal of the corp. financial management is to maximize the current market value per share of the existing stock (current market value of the existing owners' equity). Which investment should be made if the required rate of return is 10% for each project? Explain why and show work.

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