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Noe Drilling Inc, is ceesidering Projects S and L, whose cash flows are sbown below. These project are mutually exclusive, equally raly, and not repeatable.

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Noe Drilling Inc, is ceesidering Projects S and L, whose cash flows are sbown below. These project are mutually exclusive, equally raly, and not repeatable. The CEO believes the IRR is the best selection criterion, while the CFO advocates the MIRR. If the decision is made by choosing the projoct with the higher IRR rather than the one with the higher MIRR, how moch, if any, value will be forgone, ic, what's the NPV of the chosea projoct verris the maximum possible NPV7 Note that (1) "irue vahe"' is meayared by NPV, and (2) under some conditions the choice of IRR v. MIRR will have no effect oe the valoe lost. A. 5197.01 C. 521032 c. 5219.22 d. 5185.90 8.5208.11

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