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Consider the following projects being considered by Juda Products: (Click the icon to view the projects.) (Click the icon to view Present Value of

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Consider the following projects being considered by Juda Products: (Click the icon to view the projects.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Compute the IRR of each project, and use this information to identify the better investment. The IRR for each project is: Project A: More info Project B is the better investment. -X Project A: Costs $275,000 and offers eight annual net cash inflows of $53,000. Juda Products requires an annual return of 14% on investments of this nature. Project B: Costs $385,000 and offers 9 annual net cash inflows of $76,000. Juda Products demands an annual return of 12% on investments of this nature. Print Done

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