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Company is analyzing two mutually exclusive projects, S and L, with the following cash flows: The company's WACC is 9.0%. What is the IRR of
Company is analyzing two mutually exclusive projects, S and L, with the following cash flows:
The company's WACC is 9.0%. What is the IRR of the better project? (Hint: The better project may or may not be the one with the higher IRR.) Round your answer to two decimal places. Year O 1 2 3 4 Project S -$1,000 $886.38 $250 $15 $10 Project L -$1,000 $0 $260 $400 $762.72
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 6th Edition
324664559, 978-0324664553
