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You are choosing between two projects. The cash flows for the projects are given in the following table ($ million): Project Year 0 Year 1

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You are choosing between two projects. The cash flows for the projects are given in the following table ($ million): Project Year 0 Year 1 Year 2 Year 3 A - $49 $27 $20 $21 - $98 $18 $40 $52 a. What are the IRRs of the two projects? b. If your discount rate is 5.4%, what are the NPVs of the two projects? c. Why do IRR and NPV rank the two projects differently? Year 4 $13 $60 a. What are the IRRs of the two projects? The IRR for project A is % (Round to one decimal place.) 10 in ta

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