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b)Mr. Said has to make a choice betwocn two mutually exclusive Investment Cash flows (Shs '000') RR (%) 500 280 The opportunity cost of capital
b)Mr. Said has to make a choice betwocn two mutually exclusive Investment Cash flows (Shs '000') RR (%) 500 280 The opportunity cost of capital is 9% per annum. Mr. Said wants to invest in Y, which has 800 400 600 358 23 36 the higher IRR. Do you agree with his choice? Show appropriate computations. 6 marks)
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