Question: You are considering two independent projects with the same discount rate of 11 percent. Project A costs $287,400 and has cash flows of $75,900, $106,400,
You are considering two independent projects with the same discount rate of 11 percent. Project A costs $287,400 and has cash flows of $75,900, $106,400, and $159,800 for Years 1 to 3, respectively. Project B costs $115,000, and has a cash flow of $50,000 a year for Years 1 to 3. You have sufficient funds to finance any decision you make. Which project or projects, if either, should you accept and why? Urgent please solve accurately and completely.
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