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Payton Company is evaluating the following two mutually exclusive projects. The required return for both projects is 17 percent Year Project -5138,000 64,700 $2,700 73,700

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Payton Company is evaluating the following two mutually exclusive projects. The required return for both projects is 17 percent Year Project -5138,000 64,700 $2,700 73,700 59.700 Project -3367,000 146,500 192.ee 131,5 122,000 a. What is the IRR for each project? (Do not round Intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) IRE Project Project N b. What is the NPV for each project? (Do not round Intermediate calculations and round your answers to 2 decimal places, e.g. 32.16.) Project Project $ c. Wnich, if ethet of the projects should Payton Company accept? Chck to select

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