If the appropriate discount rate on these projects in 11 percent, which would be chosen...
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Finance
If the appropriate discount rate on these projects in 11 percent, which would be chosen and why? The NPV of Project A is $ (Round to the nearest cont.) The NPV of Project B is $ (Round to the nearest cent.) Which project would be chosen and why? (Select the best choice below.) A. Choose B because its NPV is higher. B. Cannot choose without comparing their IRRs. C. Choose A because its NPV is higher. D. Choose both because they both have positive NPVs

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