Question: Question 13 (1 point) You need to choose between two investments that require an initial investment of $75,000. Investment A generates expected cash flows of

Question 13 (1 point) You need to choose between two investments that require an initial investment of $75,000. Investment A generates expected cash flows of $25,000 a year for four years, while investment B generates expected cash flows of $32,000 a year for three years. If your required return is 10%, which should you choose? Project B because it has a shorter payback period a Project A because it has a higher NPV Project A because it has a shorter payback period a Project B because it has a higher NPV a Project A because it has a higher IRR Project B because it has a higher IRR
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