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You are informed that the effective annual required rate of return is 10%. Cash flows for the projects are indicated in the table below (in

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You are informed that the effective annual required rate of return is 10%. Cash flows for the projects are indicated in the table below (in thousands of dollars): Consider Project A and Project B independent projects. Calculate the internal rate of return (IRR) for Project A. Calculate the IRR for the Project B. According to your calculations and the IRR decision criterion, you would recommend: A. Reject Project A since the IRR is greater than the required rate of return but accept Project B because the IRR is greater than the required rate of return. B. Reject Projects A and B. C. Accept Project A since the IRR is greater than the required rate of return but reject Project B because the IRR is less than the required rate of return. D. Accept Project A but reject Project B. E. Accept Projects A and B

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