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Project X has cash flows of - 5 0 , 0 0 0 , $ 2 9 , 4 0 0 , $ 2 7

Project X has cash flows of -50,000, $29,400, $27,200 and $24,500 for years 0 to 3, respectively. project Y has an initial cost of $40,000 and an annual cash inflow of $20,000, $25,200, and $54,500 for years 0 to 3 respectively. these are mutually exclusive projects. what is the incremental IRR?

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