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Q9. Consider the following two projects X and Y. (4+6 Marks) Cash Flows at Year t (5) Project 0 1 2 IRR (%) XA -4000
Q9. Consider the following two projects X and Y. (4+6 Marks) Cash Flows at Year t (5) Project 0 1 2 IRR (%) XA -4000 2410 2930 21 Y -2000 1310 1720 31 Assume the opportunity cost of capital is less than 10%. Use the IRR to determine which project or projects you should accept (a) if you can undertake both and (b) if you can only undertake one
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