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You are considering two mutually exclusive projects. Project A has a net present value of $26,308 and an IRR of 11.7 percent. Project B has

You are considering two mutually exclusive projects. Project A has a net present value of $26,308 and an IRR of 11.7 percent. Project B has a net present value of $58,407 and an IRR of 11.2 percent. Which project(s) should be accepted?

A. project A only

B. project B only

C. both A and B

D. neither A nor B

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