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One rejected six - year project had cash flows of Year 0 1 2 3 4 5 A $ 1 0 , 0 0 0
One rejected sixyear project had cash flows of
Year
A $ $ $ $ $ $
One accepted project had cash flows of
Year
B $ $ $ $ $ $
If the management used solely IRR analysis to make decisions, what can you infer about the management's cost of capital estimate? Report your answer as the positive difference between the maximum and minimum possible costs of capital to at least decimal places.
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