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You are deciding between two mutually exclusive investment opportunities. both require the same initial investment of 1 0 million. investment A generates 2 million per

You are deciding between two mutually exclusive investment opportunities. both require the same initial investment of 10 million. investment A generates 2 million per year starting at the end of the first year in perpetuity. investment B will generate 1.5million at the end of the first year and its revenues will grow at 2% per year for every year after that. In this case, when does picking the higher IRR give the correct answer as to which investment is the best opportunity? Provide solution/s.

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