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Business, 11.07.2019 20:20 sydneyrasmussen

Two mutually exclusive projects have an initial cost of $47,500 each. project x produces cash inflows of $25,300, $37,100, and $22,000 for years 1 through 3, respectively. project z produces cash inflows of $43,600, $19,800 and $10,400 for years 1 through 3, respectively. the required rate of return is 14.7% for project x and 14.9% for project z. which project(s) should be accepted and why?

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