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Consider the following mutually exclusive proiects: a) Present with details the IRR: what does it represents, how is it determined and used to select a

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Consider the following mutually exclusive proiects: a) Present with details the IRR: what does it represents, how is it determined and used to select a project and it drawbacks. b) Determine the NPV of each project as well as the payback periods. c) Based on your response in question 5b ) which project should be selected

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