Question: 41. Projects A and B are two mutually exclusive investments. Project A will require an initial investment of $20,000 and will have cash flows of

41. Projects A and B are two mutually exclusive investments. Project A will require an initial investment of $20,000 and will have cash flows of $10,000, $15,000, and $5,000 during years 1-3, respectively. Project B will require an initial investment of $18,000 and will have cash flows of $5,000, $6,000, and $20,000 during years 1 - 3, respectively. If the required rate of return is 8%, then which project would you recommend a company accept based on each project's NPV?: * Oa. Project A Ob. Project B Oc. Both Projects A and B Od. None of the projects should be accepted
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