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Project A and project B are independent projects with conventional cashflows. Project A has an internal rate of retum (IRR) of 16%. Project B has
Project A and project B are independent projects with conventional cashflows. Project A has an internal rate of retum (IRR) of 16%. Project B has an internal rate of return (IRR) of 21%. Three companies are interested in investing in the projects. The cost of capital of each company is given below: Company Cost of capital Gold 129 Silver 1990 Bronze 229 Provide your advice to each of the companies. 1. Company Gold should 2. Company Silver should 3. Company Bronze should
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