Question
IRR and NPV A company is analyizing two mutually exclusive projects, S and L, with the following cash flows: 0 1 2 3 4 Project
IRR and NPV
A company is analyizing two mutually exclusive projects, S and L, with the following cash flows:
0 1 2 3 4
Project S -1,000 893.23 240 10 15
Project L -1000 5 240 400 860.00
The company's WACC is 8.5%. What is the IRR of the better project? (Hint: The better project may or may not be the one with the higher IRR.) Round your answer to two decimal places.
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Financial Management For Nurse Managers And Executives
Authors: Cheryl Jones, Steven A. Finkler, Christine T. Kovner, Jason Mose
5th Edition
0323415164, 9780323415163
