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What is the formula to solve this problem in excel... Comparing capital budgeting tools: Capital budgeting analysis of mutually exclusive projects A and B yields
What is the formula to solve this problem in excel...
Comparing capital budgeting tools:Capital budgeting analysis of mutually exclusive projects A and B yields the following.What project should management choose?Explain why.
Project A
IRR: 19.00%
NPV: $385,000
Payback Period: 2.8 years
Project B
IRR: 24.00%
NPV: $350,000
Payback Period: 2.2 years
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