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2. The following table shows the cash flows for two mutually exclusive capital budgeting projects. The required rate of return for both projects is 13%.
2. The following table shows the cash flows for two mutually exclusive capital budgeting projects. The required rate of return for both projects is 13%. Year Project X Project Y -200000 1 100000 60000 20000 00000 200000 0 200000 60000 a. Compute the NPV for both projects b. Compute the IRR for both projects c. Which project should you invest, why
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