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vould be $2.2034 million per year for 20 years. The firm's WACC is 12.4%. Round your answers to two decimal places. Identify each project's IRR.

image text in transcribed vould be $2.2034 million per year for 20 years. The firm's WACC is 12.4%. Round your answers to two decimal places. Identify each project's IRR. Do not round intermediate calculations. Round your answers to two decimal places. Project A: % Project B : % Determine the crossover rate. Approximate your answer to the nearest whole number. % Is it logical to assume that the firm would take on all available independent, average-risk projects with returns greater than 12.4% ? Does this imply that the WACC is the correct reinvestment rate assumption for a project's cash flows

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