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Questions 14 and 15 are based upon the details below. Consider Projects Gamma and Omega which are mutually exclusive. The cash flows of the two

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Questions 14 and 15 are based upon the details below. Consider Projects Gamma and Omega which are mutually exclusive. The cash flows of the two projects are as follows: The cost of capital amounts to 11%. (xiv) What are the payback periods for both projects? [5 marks] (xv) The Internal Rate of Return for Omega is equal to: A. Between 8 and 9% B. Between 9 and 10% C. Between 10 and 11% D. Between 11 and 12%

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