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How do i do this? Bidump Corporation is evaluating two mutuainy exclusive capital budgeting projects. Project w2, which costs $190,000, is expected to generate $51,000
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Bidump Corporation is evaluating two mutuainy exclusive capital budgeting projects. Project w2, which costs $190,000, is expected to generate $51,000 for six years and Project H5, which costs $155,000, is expected to generate $42,000 for slx years. Bidump's recuired rate of retum is 13 percent. What is the internal rate of retum (taR) of the project the company should purchase? Do not round intermedlate calculations. Round your answer to two decimal places. should be purchased, Its IRR is Step by Step Solution
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