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Projects Alpha (A) and Bravo (B) are of the same length and have identical investment at time zero. However, the majority of one project's cashflows

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Projects Alpha (A) and Bravo (B) are of the same length and have identical investment at time zero. However, the majority of one project's cashflows come in the early years, while the majority of the other project's cash flows occur in the later years. The two NPV profiles are given below: NPV ($) A B r () Which of the following statements is CORRECT? Select one: O a. The crossover rate is greater than either project's IRR. O b. More information on the cost of capital is necessary in order to determine which project has the larger early cash flows. O c. The majority of Project Bravo's cash flows occur in the later years. O d. The NPV profile graph is not consistent with the information given in the problem. O e. The majority of Project Alpha's cash flows occur in the later years

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