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please label all answers Output area: a. IRR (M) IRR (N) IRR decision rule implies accept because its IRR is greater. b. NPV (M) NPV

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Output area: a. IRR (M) IRR (N) IRR decision rule implies accept because its IRR is greater. b. NPV (M) NPV (N) NPV criterion implies accept because it has a higher NPV. C. The only decision rule that can rank mutually exclusive projects is NPV. Therefore you should accept JX D E F G B Chapter 8 Question 16 Input area: $ Annual cash flows: Year 0 Year 1 Year 2 Year 3 Year 4 $ $ M (150,000) 68,600 76,800 71,300 40,500 N (372,000) 159,300 193,200 154,800 110,400 $ $ Required return 15% Output area: a. IRR (M) IRR (N) IRR decision rule Implles accept because its IRR is greater. II W b. NPV (M) NPV (N) NPV critenon implies accept because it has a higher NPV c. The only decision rule that can rank mutually exclusive projects is NPV. Therefore you should accept

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