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Fill in the incremental cash flows in the bottom row of the chart: (Round to the nearest integer.) Year-End Cash Flows ($ thousands) Project
Fill in the incremental cash flows in the bottom row of the chart: (Round to the nearest integer.) Year-End Cash Flows ($ thousands) Project 0 1 2 -25 18 17 Y -65 34 51 Incremental Cash Flow Year-End Cash Flows ($ thousands) Project 0 1 2 IRR -25 18 17 25.97 % Y -65 34 51 18.51% Y-X - 40 16 34 7.46 % Use the incremental IRR rule to decide between the two projects. (Select from the drop-down menus and round to two decimal places.) Project X should be taken on for discount rates below % and Project Y should be taken on for discount rates above %. Neither project should be taken on for discount rates above 7.46 %.
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