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Projects A and B cannot be ranked because they are mutually exclusive. Project A is better than Project B. Project B is better than Project A.

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Projects A and B cannot be ranked because they are mutually exclusive. Project A is better than Project B. Project B is better than Project A.

D. Projects A and B cannot be ranked because they are mutually exclusive. A. Project A is better than Project B. b. Project B is better than Project A. c. Which project is better depends on the discount rate. If projects A and B are mutually exclusive, which of the following statements is most correct? A. Project A is better than Project B. b. Project B is better than Project A. c. Which project is better depends on the discount rate. D. Projects A and B cannot be ranked because they are mutually exclusive. 16. What situation is incremental internal rate of return (IIRR) designed specifically to address? A. Projects with different initial investment sizes. B. Projects with different lifetimes. C. Projects with both positive and negative futures cash flows. D. Projects with negative NPVs. 17. You are considering the buying a codfish scaling machine for your lutefisk company. The two available machines have the following cash flows: Year Machine 0 1 2 3 4 5 NPV Scalermatic -$5

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