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You are considering two mutually exclusive projects. Project A has an IRR of 18% and a NPV of $500. Project B has an IRR of
You are considering two mutually exclusive projects. Project A has an IRR of 18% and a NPV of $500. Project B has an IRR of 14% and a net present value of $800. The firm should:
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accept both projects
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accept project B since it has lower IRR
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accept project B since it has higher NPV
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reject both projects
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accept project A since it has higher IRR
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