A firm with a cost of capital of 9% is considering two mutually exclusive projects...
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Accounting
A firm with a cost of capital of 9% is considering two mutually exclusive projects X and Y with the following details:
Year | Project X | Project Y |
0 | (80,000) | (90,000) |
1 | 15,000 | 45,000 |
2 | 25,000 | 35,000 |
3 | 35,000 | 25,000 |
4 | 50,000 | 15,000 |
5 | 70,000 | 10,000 |
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