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Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is 15 percent. a. What is the IRR

image text in transcribed Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is 15 percent. a. 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. b. What is the NPV for each project? Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. c. Which, if either, of the projects should the company accept

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