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You are considering two mutually exclusive projects: Project Yellow and Project Orange. Project Yellow has expected cash flows of -$93,000, $45,000, $32,900, and $39.400 for

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You are considering two mutually exclusive projects: Project Yellow and Project Orange. Project Yellow has expected cash flows of -$93,000, $45,000, $32,900, and $39.400 for years 0 to 3, respectively. Project Orange has expected cash flows of -$97,000. $21,700, $52,300, and $57,800 for years 0 to 3, respectively. Project Yellow has a required return of 10.2 percent and Project Orange has a required return of 11.3 percent. Based on this information which project(s) should you accept based on net present value? a. Accept both projects b. Accept Project Yellow and reject Project Orange C. Reject both projects d. Accept either one, but not both e. Reject Project Yellow and accept Project Orange

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