Question: Suppose the two projects described below are mutually exclusive and the company is not practicing capital rationing. If the hurdle rate equals %, they will

Suppose the two projects described below are mutually exclusive and the company is not practicing capital rationing. If the hurdle rate equals %, they will be equivalent to each other from the perspective the investors. Round your answer to 1%.

Year

0

1

2

3

4

5

Project A

-4000

100

350

550

2750

3500

Project B

-4000

2500

2250

500

200

100

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