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Bruin, Inc., has identified the following two mutually exclusive projects: Year 0 Cash Flow (A) Cash Flow (B) $28,800 $28,800 2 3 4 14,200 12,100
Bruin, Inc., has identified the following two mutually exclusive projects: Year 0 Cash Flow (A) Cash Flow (B) $28,800 $28,800 2 3 4 14,200 12,100 9,100 5,000 4,200 9,700 15,000 16,600 a-1 What is the IRR for each of these projects? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Project A Project B a-2 Using the IRR decision rule, which project should the company accept? O Project A OProjectB a-3 ls this decision necessarily correct? O Yes O No
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