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The following graph illustrates NPV profiles for mutually exclusive projects X and Y. 1. On the above graph, the IRRs for Projects X and Y

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The following graph illustrates NPV profiles for mutually exclusive projects X and Y.

1. On the above graph, the IRRs for Projects X and Y are ___ and ___ percent respectively.

(a) A and B

(b) B and C

(c) C and B

(d) C and A

(e) B and A.

NPV S Project X Project Y Discount Rate % 0 A B

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