Question: 37. Consider two projects, Project K and Project L, with the following end of year cash flows: If these projects are mutually exclusive and have

 37. Consider two projects, Project K and Project L, with the

37. Consider two projects, Project K and Project L, with the following end of year cash flows: If these projects are mutually exclusive and have a cost of eapital of 5 percent, the most appropriate decision is to A. reject both projects. B. accept both projects. C. accept Project K and reject Project L. D. reject Project K and accept Project L

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