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Use the IRR, MIRR, PI, and NPV to evaluate the following two mutually exclusive projects assuming r = 10% Show calculations for your steps Project

Use the IRR, MIRR, PI, and NPV to evaluate the following two mutually exclusive projects assuming r = 10%

Show calculations for your steps

Project S Project L
Initial cost $20,000 $200,000
Life 5 years 5 years
k 10% 10%
Cash flow $7,913.92 $ 55, 661.27

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