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A company is considering Projects S and L whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable, If

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A company is considering Projects S and L whose cash flows are shown below. These projects are mutually exclusive, equally risky, and not repeatable, If the decision is mode by choosing the project with the higher IRR, how much value will be forgone? Note that under certain conditions choosing projects on the basis of the IRR will not cause any value to be lost because the one with the higher IRR WiI also have the higher NPV, so no value will be lost if the IRR method is used. The WACC is 9.5% 522670 518. 91 514546 $22858 $230.47

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