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Consider projects Alpha and Beta: The opportunity cost of capltal Is 8%. Suppose you can undertake Alpha or Beta, but not both. Use the IRR
Consider projects Alpha and Beta: The opportunity cost of capltal Is 8%. Suppose you can undertake Alpha or Beta, but not both. Use the IRR rule to make the cholce. (Hint: What's the Incremental Investment in Alpha?) Which project did you choose
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