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d. Statements a and care correct. 10. For two mutual exclusive projects (like Project S and Project L), what are the reasons that their NPV

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d. Statements a and care correct. 10. For two mutual exclusive projects (like Project S and Project L), what are the reasons that their NPV profiles may cross over each other? a. The projects have different IRRs. b. The projects have different investment sizes. C. The projects have different cash flows pattern. d. Statements b and c are correct. initial rash outflows. However, one

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