Question: You are considering the following mutually exclusive projects: Year Project 1 Project 2 0 -67,200 -89,250 1 22,720 32,305 2 17,940 21,670 3 24,050
You are considering the following mutually exclusive projects: Year Project 1 Project 2 0 -67,200 -89,250 1 22,720 32,305 2 17,940 21,670 3 24,050 35,500 4 12,200 14,500 Calculate the designated investment criteria. Assume the required return is 9.60% percent. Which project should be accepted? Project 2 O Both projects O Project 1 O Neither
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