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Project A and Project B are independent projects with conventional cashflows. Project A has an internal rate of return (IRR) of 8%. Project B has

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Project A and Project B are independent projects with conventional cashflows. Project A has an internal rate of return (IRR) of 8%. Project B has an internal rate of return (IRR) of 13%. Three companies are interested in investing in the projects. The cost of capital of each company is given below: Company Cost of capital Stone 6% Bronze 10% Iron 15% Provide your advice to each of the companies. 1. Company Stone should > 2. Company Bronze should 3. Company Iron should

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