12. (Domination) Suppose two competing projects have cash flows of the form (-A, B, B. B) and...
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12. (Domination) Suppose two competing projects have cash flows of the form (-A, B, B. B) and (-A By, By, . B), both with the same length and A1, A2, B1, B all positive Suppose B/A B/A Show that project I will have a higher IRR than project 2
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