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A company is analyzing two mutually exclusive projects, whose cash flows are shown below. The cost of capital is 12%. What is the IRR of

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A company is analyzing two mutually exclusive projects, whose cash flows are shown below. The cost of capital is 12%. What is the IRR of the project that would maximize the firm's stock price? Year Project S Project L 0 - 1150 - 1150 1 1000 100 2 350 500 3 500 1500 Your Answer: Answer units

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