The after-tax cash flows for two mutually exclusive projects have been estimated, and the following information has

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The after-tax cash flows for two mutually exclusive projects have been estimated, and the following information has been provided:


The after-tax cash flows for two mutually exclusive projects have


The company’s required rate of return is 14 percent, and it can get unlimited funds at that cost. What is the IRR of the betterproject?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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