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Bruin, Incorporated, has identified the following two mutually exclusive projects: Year Cash Flow (A) 01234 -$28,500 13,900 11,800 8,950 4,850 Cash Flow (B) -$28,500

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Bruin, Incorporated, has identified the following two mutually exclusive projects: Year Cash Flow (A) 01234 -$28,500 13,900 11,800 8,950 4,850 Cash Flow (B) -$28,500 4,050 9,550 14,700 16,300 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 O Project B a- 3. Is this decision necessarily correct? O Yes

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