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Project X and Project Y are mutually exclusive projects with conventional cash flows. Both projects have a required rate of return of 12%. The IRR

Project X and Project Y are mutually exclusive projects with conventional cash flows. Both projects have a required rate of return of 12%. The IRR on project X is 14%, and the IRR on project Y is 16%. Pick your decision for each project choosing one of the three options available: Accept means you accept a project; Reject means you reject a project, and Insufficient Information means that you need to have additional information to make a decision.

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