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Both projects are in the same industry, and appear to have a similar cost of capital, in the opinion of some analysts. The IRRs

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Both projects are in the same industry, and appear to have a similar cost of capital, in the opinion of some analysts. The IRRs are similar. What project is preferable for most investors? Why? Year Alpha 0 1 2 3 4 5 -200 0 0 0 300 0 Project Beta -200 80 80 80 80 0 0 Project

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