Question: You are considering the following two mutually exclusive projects that will not be repeated. The required rate of return is 11.20% for project A and

You are considering the following two mutually exclusive projects that will not be repeated. The required rate of return is 11.20% for project A and 9.75% for project B. Which project given cash flow information below should you accept and why? (20 points) Year Project A Project B 0 -$48,000 -$144,900 1 28,400 69,700 2 31,300 90,800 3 11,700 18,000

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