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Question 3 4 pts Portland Rockin' Enterprises must choose between two mutually exclusive projects with the following cash flows. If the discount rate is 8%,
Question 3 4 pts Portland Rockin' Enterprises must choose between two mutually exclusive projects with the following cash flows. If the discount rate is 8%, what is the IRR crossover point, and which project should the firm accept? Year 0 Project Pearl Jam -42000 -41000 24,000 28,250 18,500 16,200 18,250 14,500 1 2 3 O 8.16%; accept Jam Neither project should be accepted. 8.16%; accept Pearl 7.65%; accept Pearl o 7.65%; accept Jam
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