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6. You work for a company whose primary long term nancial goal is to undertake projects that maximize company value. You have been asked to

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6. You work for a company whose primary long term nancial goal is to undertake projects that maximize company value. You have been asked to provide a recommendation with respect to ranking three mutually exclusive projects. The rst project has a NP'v' of $233K and an IRR of 10%; the second has a NPV of $180K and an IRR of $1296; the third has a NPV of 220K and an IRR of 9%. How would you rank the projects? Explain

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