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You are the CFO of Fractal Imaging, Inc. The company has a required rate of return of 14%, inflation is 3%, and the risk free

You are the CFO of Fractal Imaging, Inc. The company has a required rate of return of 14%, inflation is 3%, and the risk free rate in 4%. You are evaluating two mutually exclusive projects: Project Nova has an IRR of 13.6%, and Project Skynet has an IRR of 12.9%. Which project(s) should you accept?

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