Question: Jekyll & Hyde Corp. is evaluating two mutually exclusive projects. The cost of capital is 15 percent. Costs and cash flows are given in the

Jekyll & Hyde Corp. is evaluating two mutually exclusive projects. The cost of capital is 15 percent. Costs and cash flows are given in the following table. Which project should be accepted?

Project 2 -$ 1 ,250,000 350,000 350,000 350,000 350,000 350,000 Year Project 1 -$1,250,000 250,000 350,000 450,000 500,000 750,000 0 4

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