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If the company applies the MIRR decision, which project should be recommended? 1) Project A because it has MIRR of 13.55%. 2) Project A because
If the company applies the MIRR decision, which project should be recommended? 1) Project A because it has MIRR of 13.55%. 2) Project A because it has MIRR of 12.66%. 3) Project B because it has MIRR of 12.11%. 4) Project B because it has MIRR of 12.66%. Please answer questions 17-20 based on the following information: A and B are mutually exclusive projects. The required rate of return is 10%. The cutoff period is 2.5 years. Year 0 1 2. Project A -$1,000 500 400 300 100 Project B -$1,000 100 300 400 675 3 4 If the
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