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years 1 through 5 remain the sail 9.4 Better Health Inc. is evaluating two capital investments, each of which requires an up-front (time o) expenditure

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years 1 through 5 remain the sail 9.4 Better Health Inc. is evaluating two capital investments, each of which requires an up-front (time o) expenditure of $1.5 million. The projects are expected to produce the following net cash inflows: Year Project A ($) Project B ($) H 500,000 2,000,000 2 1,000,000 1,000,000 3 2,000,000 600,000 a. What is each project's IRR? nity cost of capital is 10 percent? 5

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