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Question 24 (4 points) A company is analyzing two mutually exclusive projects, whose cash flows are shown below. The cost of capital is 12%. What

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Question 24 (4 points) A company is analyzing two mutually exclusive projects, whose cash flows are shown below. The cost of capital is 12%. What is the IRR of the project that would maximize the firm's stock price? Year Projects Project L 0 -600 -600 1 1000 100 2. 350 500 3 500 1500 Your Answer: Answer units Previous Page Next Page Page 24 of 25

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