Question: two mutually exclusive projects have an initial cost of $ 6 0 0 0 0 each. project A produces cash inflows of $ 3 0

two mutually exclusive projects have an initial cost of $60000 each. project A produces cash inflows of $30000, $37000, and $20000 for years 1 through3, respectively. Project B produces cash inflows of $80000 in year 2 ONLY. The required rate of return is 10 percent for project A and 11 percent for project B. Which project should be accepted and why?

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