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Question 31 (1 point) Consider the two mutually exclusive projects below and a required return on these investments is 13 percent. Year 0 1 2

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Question 31 (1 point) Consider the two mutually exclusive projects below and a required return on these investments is 13 percent. Year 0 1 2 3 4 Cash Flow (A) -$365,000 38,000 47,000 62,000 455,000 Cash Flow (B) -$40,000 20,300 15,200 14,100 11,200 Given the two projects above, what is Project B's IRR? IRRA - 13.00% IRRA 20.23% None of the answers is correct IRR3 -21.31% IRRA - 15.41%

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