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Question
A company is analyzing two mutually exclusive projects, S and L, whose cash flows are shown below:
The company's required rate of return is 12 percent. What is the IRR of the better project? (Hint: Note that the better project may or may not be the one with the higher IRR.)
a. 13.09%
b. 12.00%
c. 17.46%
d. 13.88%
e. 12.53%
Answer
This answer is hidden. It contains 340 characters.
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