Question: Question 3 Excellence Through Knowledge Limited ( ETK ) is considering two projects. The initial capital outlay for each project is US $ 7 5

Question 3
Excellence Through Knowledge Limited (ETK) is considering two projects. The initial capital outlay for each project is US $75,000. The cost of capital for the company is 9%. The cash flow for each project are detailed in the table below.
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 Question 3 Excellence Through Knowledge Limited (ETK) is considering two projects.

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