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You are considering the following two mutually exclusive projects. The required return on each project is 14%. Which project should you accept and what is

You are considering the following two mutually exclusive projects. The required return on each project is 14%. Which project should you accept and what is the best reason for that decision?

Year Project A Project B
0 -$24,000 -$21,000
1 $9,500 $6,500
2 $16,200 $9,800
3 $8,700 $15,200

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