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A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 4 Project S -$1,000 $874.44
A company is analyzing two mutually exclusive projects, S and L, with the following cash flows:
| 0 | 1 | 2 | 3 | 4 |
| Project S | -$1,000 | $874.44 | $260 | $5 | $15 |
| Project L | -$1,000 | $5 | $260 | $400 | $764.90 |
The company's WACC is 9.5%. What is the IRR of the better project
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Understanding Financial Risk Management
Authors: Angelo Corelli
1st Edition
0415746183, 978-0415746182
