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You are choosing between two projects. The cash flows for the projects are given in the following table ( $ million ) : a .
You are choosing between two projects. The cash flows for the projects are given in the
following table $ million:
a What are the IRRs of the two projects?
b If your discount rate is what are the NPVs of the two projects?
c Why do IRR and NPV rank the two projects differently?
a What are the IRRs of the two projects?
The IRR for project is
Round to one decimal place.
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