Examine the following information about two mutually


Examine the following information about two mutually exclusive projects being considered by Melissa's Used Books. Then, answer the question that follows.

Project A Initial Investment: ($48,000) Payback Period: 3.2 years NPV: $8,861.80 IRR: 16.99% Profitability Index: 1.22 MIRR: 12.89%

Project B Initial Investment: ($52,000) Payback Period: 2.8 years NPV: $6,567.66 IRR: 15.43% Profitability Index: 1.08 MIRR: 11.63%

Based on this information, what action should the company take?

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Financial Management: Examine the following information about two mutually
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