Question: Timco is considering two mutually exclusive projects. Project X costs 105 and provides after-tax inflows of 90 per year for 2 years. project I costs

Timco is considering two mutually exclusive projects. Project X costs 105 and provides after-tax inflows of 90 per year for 2 years. project I costs 109 and provides after tax inflows of 70 per year for three years. the cost of funds is 8%. Which project should Timco choose? Show numbers to prove your point.

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