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IRR and NPV A company is analyzing two mutually exclusive projects, S and L , with the following cash flows: 0 1 2 3 4
IRR and NPV
A company is analyzing two mutually exclusive projects, S and L with the following cash flows:
Project S
$
$
$
$
$
Project L
$
$
$
$
$
The company's WACC is
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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