Question: Which project would you select based on NPVs assuming the same 10% discount rate for both? Project A requires an initial outlay of $1,000 and
Which project would you select based on NPVs assuming the same 10% discount rate for both? Project A requires an initial outlay of $1,000 and provides an annual income of $500 for 3 years. Project B requires an initial outlay of $2,000 and yields an annual income of $900 for 3 years.
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Project A
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Project B
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Project A or B is indifferen
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