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Consider the following cash flows on two mutually exclusive projects for the B . C . Recreation Corporation ( BCRC ) . Both projects require

Consider the following cash flows on two mutually exclusive projects for the B.C. Recreation Corporation (BCRC). Both projects require an annual return of 13 percent.
As a financial analyst for BCRC, you are asked to answer the following questions:
a-1. Calculate the IRR for both projects.
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