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Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is 18 percent. Year Project M Project N
Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is 18 percent. Year Project M Project N 0 $ 141,000 $ 354,000 1 63,400 153,000 2 81,400 179,000 3 72,400 138,000 4 58,400 109,000 What is the IRR for each project? Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. What is the NPV for each project? Note: Do not round intermediate calculations and round your ans
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