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explain also thx Mr. Cyrus Clops, the president of Giant Enterprises, has to make a choice between two possible investments: The opportunity cost of capital

explain also thx
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Mr. Cyrus Clops, the president of Giant Enterprises, has to make a choice between two possible investments: The opportunity cost of capital is 5%. Mr. Clops is tempted to take A, which has the higher IRR. However, Mr. Clops is wrong. Show him how to adapt the IRR rule to choose the best roject In this case project B has a higher IRR than project A. However, project A is half the size of project B. Mr. Clops can compute the incremental IRR (IIRR). Mr. Clops should take project A when the discount rate is less thant the RR=7.7% In this case project A has a higher IRR than project B. However, project A is half the size of project B. Mr. Clops can compute the incremental IRR (IIRR). Mr. Clops should take project B when the discount rate is more than thant the RR=6.5% In this case project A has a higher IRR than project B. However, project A is half the size of project B. Mr. Clops can compute the incremental IRR (IIRR). Mr. Clops should take project A when the discount rate is less thant the RR=7.7% In this case project A has a higher IRR than project B. However, project A is half the size of project B. Mr. Clops can compute the incremental IRR (IIRR). Mr. Clops should take project B when the discount rate is less thant the RR=4.5% In this case project A has a higher IRR than project B. However, project A is half the size of project B. Mr. Clops can compute the incremental IRR (IIRR). Mr. Clops should take project B when the discount rate is more than thant the RR=4.5%

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