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A Division Manager Is Choosing Between Two Mutually Exclusive Projects

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A division manager is choosing between two mutually exclusive projects. A division manager is choosing between two mutually exclusive projects.   The company requires any project to earn at least 12%.The manager believes that cash inflows from the project can be reinvested at the rate of 12%.Which project will the manager likely choose?  A)  Project B B)  Project A C)  both Projects A and B D)  neither Project A nor B
The company requires any project to earn at least 12%.The manager believes that cash inflows from the project can be reinvested at the rate of 12%.Which project will the manager likely choose?


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