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Question 29 (15 points) Bellevue Hospital is evaluating two investment projects, each of which requires an up-front expenditure of $4.7 million. The projects are expected

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Question 29 (15 points) Bellevue Hospital is evaluating two investment projects, each of which requires an up-front expenditure of $4.7 million. The projects are expected to produce the following net cash inflows: Year 0 1 Project A Project B ($4,700,000) ($4,700,000) $2,100,000 $1,900,000 $1,500,000 $1,700,000 $1,800,000 $1,200,000 $1,700,000 $1,100,000 2 3 4 a. What is each project's IRR? b. What is each project's NPV if the cost of capital is 10 percent? c. Which one would you buy and why

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