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Bellevue Hospital is evaluating two investment projects, each of which requires an up-front expenditure of $4.7 million. The projects are expected to produce the following

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Bellevue Hospital is evaluating two investment projects, each of which requires an up-front expenditure of $4.7 million. The projects are expected to produce the following net cash inflows: Year Project A Project B (54,700.000) (54,700,000) S2.100.000 $1,900.000 $1,500,000 $1,700,000 3 S1.800.000 $1.200.000 51.700,000 S1.100.000 a. What is each project's IRR? b. What is each project's NPV if the cost of capital is 10 percent? 0 1 2 4 c. Which one would you buy and why? 5351 12/13/2021

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