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In: Finance

Year                          A               &nbs

Year                          A                            B
                                0                              -8,000                    -8,000
                                 1                              4,500                     1,900
                                2                              4,200                     3,000
                               3                              1,800                     4,000
                                4                              1,600                     5,000
Which project would you select if you used the payback, NPV and IRR methods using a 15% discount rate and why?

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