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In mutually exclusive capital expenditure proposals, the NPV rule and the IRR rule may give a conflicting signal, presenting the decision maker with the dilemma

In mutually exclusive capital expenditure proposals, the NPV rule and the IRR rule may give a conflicting signal, presenting the decision maker with the dilemma of which one he should go for. As a consultant, what would be your recommendation in such a situation? Explain your logic for such recommendation.

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