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A company is analyzing two mutually exclusive projects, S and L, whose cash flows are shown below Years 1. 100 900 50 10 1-1. 100
A company is analyzing two mutually exclusive projects, S and L, whose cash flows are shown below Years 1. 100 900 50 10 1-1. 100 0 300 500 850 The company's required rate of return is 12 percent. What is the IRR of the better project? (Hint: Note that the better project may or may not be the one with the higher IRR.) Oa, 13.88% Ob. 12.00% . 13.09% od, 12.53% Oe. 17.46%
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