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Consider the following two mutually exclusive projects: Project / Year 0 1 2 3 4 Cost of Capital A -100 40 40 40 40 15%
Consider the following two mutually exclusive projects:
Project / Year 0 1 2 3 4 Cost of Capital
A -100 40 40 40 40 15%
B -73 30 30 30 30 15%
Which of the following is closest to the incremental IRR?
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Public Finance and Public Policy
Authors: Jonathan Gruber
5th edition
1464143331, 978-1464143335
