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Required information [The following information applies to the questions displayed below.] Gunnell Incorporated is considering two mutually exclusive 10-year investments. The initial cash outlays and

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Required information [The following information applies to the questions displayed below.] Gunnell Incorporated is considering two mutually exclusive 10-year investments. The initial cash outlays and expected net after-tax cash flows are shown below. equired: Using Excel, calculate the NPV and IRR of each project. Assume Gunnell Incorporated uses a discount rate of 8%. (Round your NPV nswer to the nearest dollar amount and your IRR answer to 2 decimal places (i.e. 0.1234=12.34%).)

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