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Jean - Pierre has an opportunity to make two investments, but he can only afford to make one of them. Each one costs $ 2
JeanPierre has an opportunity to make two investments, but he can only afford to make one of them. Each one costs $ The first investment can be sold in years for $ and has no periodic cash flow use annual compounding The second investment has a $ per month cash flow for years followed by a cash flow of $ per month for years. The second investment has no resale value. Which investment is better, from the standpoint of highest IRR? Please show work in Excel
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