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Consider two mutually exclusive projects A and B: Cash Flows (dollars) Project A B -30,500 -50,500 C1 02 21,400 33,500 21,400 33,500 NPV at
Consider two mutually exclusive projects A and B: Cash Flows (dollars) Project A B -30,500 -50,500 C1 02 21,400 33,500 21,400 33,500 NPV at 11% +$6,148 +6,870 a. Calculate IRRs for A and B. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Project A B IRR % % b. Which project does the IRR rule suggest is best? O Project A O Project B
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