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Use the information contained in the figure below, which contains the NPV profile for Project A (solid curved line) and for Project X (dashed curved
Use the information contained in the figure below, which contains the NPV profile for Project A (solid curved line) and for Project X (dashed curved line) to answer the following question.
What is the IRR of Project A?
a. | 8% | |
b. | 12% | |
c. | 22% | |
d. | 30% | |
e. | The IRR of Project A cannot be determined from this figure |
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