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Garage, Inc., has identified the following two mutually exclusive projects. a. What is the IRR for each project? b. If the required return is 11

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Garage, Inc., has identified the following two mutually exclusive projects. a. What is the IRR for each project? b. If the required return is 11 percent, what is the NPV for each project? c. What is the crossover rate between these two projects? Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel functions to answer this question. You must use the built-in Excel functions to answer this question. Cash flow A IRR Cash flow B IRR Cash flow A NPV Cash flow B NPV Difference in cash flows Year 0 Year 1 Year 2 Year 3 Year 4 Crossover rate

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