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Your boss hands you the following information about two mutually exclusive projects. She adds the following: Our discount rate is 10% and both projects have

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Your boss hands you the following information about two mutually exclusive projects. She adds the following: "Our discount rate is 10% and both projects have IRRs over 20%. Unfortunately, we are unable to implement both, so we will go with project A since it has the highest IRR of the two." How would you respond? Give a supporting numerical analysis. Ranking the projects by IRR would lead to project B is $ This means that project by the NPV and IRR rules. (Round to the nearest dollar as needed.) decision because the NPV of project A is \$ and the NPV of has the higher NPV, which results in projects being selected

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