Question: A company has 2 mutually exclusive projects. a ) NPV = K 4 7 , 0 0 0 for 3 years. b ) NPV =

A company has 2 mutually exclusive projects.
a)NPV = K 47,000 for 3 years.
b) NPV = K 65,000 for 5 years.
Which project should be accepted? Justify your answer.

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