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Brian Clift is evaluating two mutually exclusive projects (expected cash flows shown below). The firm's cost of capital is 12.25 percent. Year Project A Project
Brian Clift is evaluating two mutually exclusive projects (expected cash flows shown below). The firm's cost of capital is 12.25 percent. Year Project A Project B 0 (600) (600) 1 200 400 2 310 260 3 400 100 NPV? IRR? Calculate the NPVs and IRRs for Projects A and B
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