Question: When choosing between two mutually exclusive projects, A & B (cash flows specified in the table), the preferred criteria is [ Select ] [IRR, NPV,

When choosing between two mutually exclusive projects, A & B (cash flows specified in the table), the preferred criteria is [ Select ] ["IRR", "NPV", "Discounted payback"] . Based on the chosen criteria, project [ Select ] ["B", "A"] will be accepted, given a discount rate of 10%.

Period

Project A

Project B

0

-480

-480

1

325

400

2

325

250

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