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Questions on Mutually Exclusive Equal-length (MEEL) Projects. The following questions relate to these two projects, each with foc 10.0%. The table shows cash flows for
Questions on Mutually Exclusive Equal-length (MEEL) Projects. The following questions relate to these two projects, each with foc 10.0%. The table shows cash flows for each project. Project EOYO EOY 1 EOY 2 Proj. A 100.00 20.00 120.00 Proj. B -50.00 10.00 80.00 Question 1 1 pts What is the IRR of project A? (Assume its OK to use IRR for this problem), Write your answer to three decimal places and do not represent it as a percent. IE: write 0.158 not 15.8%. Hint, you can use the quadratic equation to solve this, or use trail-and-error or Excel
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