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You are considering the following two mutually exclusive projects. The required rate of return is 14.6 percent for project A and 13.8 percent for project

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You are considering the following two mutually exclusive projects. The required rate of return is 14.6 percent for project A and 13.8 percent for project B. Which project should you accept and why?(4 marks) Project Initial Cost. Year 0 - 550.000 cash inflow year - $24,000 cash inflow year 2= 36,000 cash inflow year 3- $21.000 Project Initial Cost Year 0 - $50.000 Cash inflow year 1- 541.000 cash inflow year 2-20.000 cash inflow year 3 $10,000 Show the steps of your solution by uploading an image of your handwritten calculations or by using your laptop keyboard (Don't use math editor)

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