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The required rate of return (discount rate) is 20%. Our firm evaluates two mutually exclusive projects A and B. Their cash flows are given in

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The required rate of return (discount rate) is 20%. Our firm evaluates two mutually exclusive projects A and B. Their cash flows are given in the following table: 1. If the IRR of project A is 33.33%, what is the cash flow of the project in year 1 ? 2. Which project should be selected

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