Question: Years Project A Project B 0 -$2,000 -$2,000 1 $500 $950 2 $600 $850 3 $700 $400 4 $800 $300 7. If only one can

Years Project A Project B 0 -$2,000 -$2,000 1 $500 $950 2 $600 $850 3 $700 $400 4 $800 $300

7. If only one can be chosen and the required rate of return is 12%, which should be accepted? Why? (use NPV as your capital budgeting method)

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