Question: 3) Consider the following two mutually exclusive investment projects: Net Cash Flow n Project A 0 Project B -$300 So $690 51.66% $800 $1,150 $40

 3) Consider the following two mutually exclusive investment projects: Net Cash

3) Consider the following two mutually exclusive investment projects: Net Cash Flow n Project A 0 Project B -$300 So $690 51.66% $800 $1,150 $40 2 46.31% | Assume that MARR=15% According to the IRR criterion, which project would be selected? Project B

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