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Consider two mutually exclusive projects A and B: Project Cash Flows (dollars) CO - 39,500 28,600 28,600 -59,500 42,500 42,500 NPV at 11% 59,478 +13,282

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Consider two mutually exclusive projects A and B: Project Cash Flows (dollars) CO - 39,500 28,600 28,600 -59,500 42,500 42,500 NPV at 11% 59,478 +13,282 6. 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 86 85% b. Which project does the IRR tule suggest is best? Project A O Project B c. Which project is really best

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