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6) Consider the following two mutually exclusive investment projects: Net Cash Flow Project 1 Project 2 -S300 -$800 $1,150 0 $0 $690 $40 2 51.66%
6) Consider the following two mutually exclusive investment projects: Net Cash Flow Project 1 Project 2 -S300 -$800 $1,150 0 $0 $690 $40 2 51.66% 46.31% j* Assume that MARR-15 % . According to the IRR criterion, which project would be selected? Answer: Project B
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