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Consider the following cash flows of two mutually exclusive projects for Tokyo Rubber Company. Assume the discount rate for both projects is 8 percent. a.

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Consider the following cash flows of two mutually exclusive projects for Tokyo Rubber Company. Assume the discount rate for both projects is 8 percent. a. What is the payback period for both projects? b. What is the NPV for both projects? c. What is the IRR for both projects? d. Calculate the incremental IRR for the cash flows

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