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Marissa Manufacturing is presented with the following two mutually exclusive projects. The required return for both projects is 1 3 percent. a . What is

Marissa Manufacturing is presented with the following
two mutually exclusive projects. The required return for
both projects is 13 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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