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You are trying to choose between two projects as you do not have sufficient funding to accept both projects. Each project costs $80,000. Project A

You are trying to choose between two projects as you do not have sufficient funding to accept both projects. Each project costs $80,000. Project A pays $25,000 a year for 4 years and project B pays $20,000 a year for 5 years. If your required return is 14 percent, which project should you choose and why?

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