Question: 23. Assume the following three mutually exclusive projects, each requiring an initial outlay of $10,000, have the following after-tax cash flow streams: Which project should

 23. Assume the following three mutually exclusive projects, each requiring an

23. Assume the following three mutually exclusive projects, each requiring an initial outlay of $10,000, have the following after-tax cash flow streams: Which project should be undertaken if the cost of capital is 8% ? What if the cost of capital is 10%

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