Question: You are considering the following two mutually exclusive projects. The required return on each project is 14 percent. Which project should you accept and what

You are considering the following two mutually exclusive projects. The required return on each project is 14 percent. Which project should you accept and what is the best reason for that decision? Year 0 WN - O Project A -$46,000 25,000 18,000 16,000 Project B -$46,000 11,000 19,000 32,000 O Project A, because it pays back faster O Project A, because it has the higher internal rate of return Project B, because it has the higher internal rate of return O Project A, because it has the higher net present value Project B, because it has the higher net present value
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