Question: You are considering the following two mutually exclusive projects. The required return on each project is 5 percent. Which project should you accept and what

You are considering the following two mutually exclusive projects. The required return on each project is 5 percent. Which project should you accept and what is the best reason for that decision?

Year

Project A

Project B

0

-12,000

-12,000

1

4,500

7,000

2

6,000

4,500

3

5,000

7,000

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