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'ou are choosing between two projects. The cash flows for the projects are given in the following table ( $ million): What are the IRRs

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'ou are choosing between two projects. The cash flows for the projects are given in the following table ( $ million): What are the IRRs of the two projects? If your discount rate is 4.8%, what are the NPVs of the two projects? Why do IRR and NPV rank the two projects differently? Data table (Click on the following icon b in order to copy its contents into a spreadsheet.)

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