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The following information on two revenue projects is given: Rate of return...

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Finance

The following information on two revenue projects is given:
Rate of return of project A =7%.
Rate of return of project B =7%.
Both projects need the same initial investment of $13,000. The MARR is 6%.
Rate of return on incremental cash flows (AB)=5%.
which of the following statements is correct?
a) Select A
b) Select B

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