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You are choosing between two projects based on their net present value (NPV), Project A will cost $400,000 with a projected NPV of $48,000. Project
You are choosing between two projects based on their net present value (NPV), Project A will cost $400,000 with a projected NPV of $48,000. Project B will cost $500,000 with a projected NPV of $50,000. Which project should you choose?
A. Neither project A nor project B should be chosen
B. Not enough information is provided to choose either project A or project B
C. Project A
D. Project B
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