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1 3 . NPV versus IRR [ 1 . 0 1 , 5 1 Consider the following two mutually exclusive projects: Cash Flow ( X
NPV versus IRR Consider the following two mutually exclusive projects:
Cash Flow X
$
Cash Flow Y
$
Sketch the NPV profiles for X and Y over a range of discount rates from zero to percent. What is the crossover rate for these two projects?
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