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You are choosing between two projects. The cash flows for the projects are given in the following table ($ million): a. What are the IRRs

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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 5.1%, what are the NPVs of the two projects? c. Why do IRR and NPV rank the two projects differently? Data table a (Click on the following icon in order to copy its contents into a spreadsheet.) Project Year 0 Year 1 Year 2 Year 3 - $49 $27 $19 - $99 $19 $39 $48 Year 4 $19 $16 $60 B Print Done

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