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explain with formula (11) Humira Boards have identified the following 2 mutually exclusive projects, Project A and Project B. The IRR of Project A is

explain with formula

(11) Humira Boards have identified the following 2 mutually exclusive projects, Project A and Project B. The IRR of Project A is 20.30% and the IRR of Project B is 18.56%. Using the IRR decision rule, which project should the company accept? (1 point) Is this decision necessarily, correct? (1 point)

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