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You are deciding to choose between two mutually exclusive projects. a. option1: project X will cost $6,000 to install and $3200 a to run year

You are deciding to choose between two mutually exclusive projects.
a. option1: project X will cost $6,000 to install and $3200 a to run year and will last for three years.
b. option 2: project Y will cost $7,000 to install and $2900 a to run year and will last for four years.
Let the WACC = 0.09

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