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You are considering making an investment in one of two projects, A or B. The cash flows for each project are listed in the table

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You are considering making an investment in one of two projects, A or B. The cash flows for each project are listed in the table below. Assuming the correct discount rate for each project is 9.5%, calculate the payback period, NPV, PI, and IRR. If either project can be scaled up to the size of your budget, which should be accepted? (20 points total)

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