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You are considering two mutually exclusive projects. Project A has a net present value of $11,507 and an IRR of 12.28 percent. Project B has

You are considering two mutually exclusive projects. Project A has a net present value of $11,507 and an IRR of 12.28 percent. Project B has a net present value of $10,208 and an IRR of 13.64 percent. Which project(s) should be accepted?

1) project A only
2) project B only
3) both A and B
4) neither A nor B

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