Which of the following project/s should be accepted

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Which of the following project/s should be accepted (completed)?

Required Rate of Return = 14%

Cash Flows:

Year        Project 1                 Project 2

0      -1,200,000              -1,500,000

1        400,000                 500,000

2        400,000                 500,000

3        400,000                 500,000

4        400,000                 500,000

Project 1 Only

Project 2 Only

Neither

Both

Reference no: EM132185347

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