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Project A: Costs $290,000 and offers eight annual net cash inflows of %57,000. Stenbeck Products requires an annual return of 14% on projects like A.
Project A: Costs $290,000 and offers eight annual net cash inflows of %57,000. Stenbeck Products requires an annual return of 14% on projects like A. Project B: Costs $380,000 and offers nine annual net cash inflows of $77,000. Stenbeck Products demands an annual return of 12% on investments of this nature. compute the IRR of each project, and use this info to identify the better investment
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