You are considering the following two mutually exclusive, Financial Management

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You are considering the following two mutually exclusive

You are considering the following two mutually exclusive projects. The required return on each project is 14 percent. Which project should you accept? What is the best reason for that decision? (NPV, IRR or PI)?

Year Project A Project B

0 -24000 -21000

1 9500 6500

2 16,200 9800

3 8700 15200

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