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you are choosing between two mutually exclusive projects with different lives. Project A has a NPV of $1000 and a life of 5 years. Project

you are choosing between two mutually exclusive projects with different lives. Project A has a NPV of $1000 and a life of 5 years. Project B has a NPV of $1500 and a life of 10 years. The firm does NOT plan to repeat the projects at the end of their lives. Both projects have a required return of 12%. What projects should be accepted?

A) Project A only

B) Project B only

C) Both Project A and Project B

D) Neighter Project A nor Project B

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