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Your department is choosing between two technology projects to launch in the upcoming quarter. Project A requires an immediate $500,000 investment and will generate $100,000 in net revenue at the end of year 1 and for eight more years (nine total) after that. Project B requires an immediate investment of $300,000 and another $300,000 at the end of year 1, with net revenues of $200,000 at the end of years 2, 3, 4, 5, and 6. The company's calculated discount rate for major initiatives is 12% per year. From a Net Present Value perspective, which of the two projects is most attractive financially? Show all work for full/partial credit.

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