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ABC PLS You are choosing between two projects. The cash flows for the projects are given in the following table ($ million): Project A B

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You are choosing between two projects. The cash flows for the projects are given in the following table ($ million): Project A B Year 0 - $48 - $99 Year 1 $26 $20 Year 2 $18 $41 Year 3 $18 $51 Year 4 $16 $61 a. What are the IRRs of the two projects? b. If your discount rate is 5.3%, what are the NPVs of the two projects? c. Why do IRR and NPV rank the two projects differently? a. What are the IRRs of the two projects

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