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you are deciding between two mutually exclusive imvestment opportunities. both require the same initial investment of 10.4 million. investment A generates 1.93 million per year

you are deciding between two mutually exclusive imvestment opportunities. both require the same initial investment of 10.4 million. investment A generates 1.93 million per year starting at the end of the first year in perpetuity. investment B will generate 1.44 million at the end of the first year and its revenues will grow at 2.5% per year for every uear after that. Which investment has the higher IRR

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