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You see the following projects: Project A has an NPV of $100 an IRR of 8% and a Payback Period of 4 years. Project B

You see the following projects:

Project A has an NPV of $100 an IRR of 8% and a Payback Period of 4 years.

Project B has an NPV of $200 an IRR of 7% and a Payback Period of 7 years

If you must select only ONE of the projects, which do you select and why?

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