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1 . You are considering the possibility of participating in two investments. You estimate that the investments will yield the follow cash flows ( 1
You are considering the possibility of participating in two investments. You estimate that the investments will yield the follow cash flows points:
Year
Investment A $ $ $ $ $
Investment B $ $ $$ $
a Write a formula that defines what the IRR for each project would be you do not have to solve for the IRR, simply write what equation the IRR must satisfy
b What is the IRR for each of the two investments? You may likely must use your financial calculator.
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