For mutually exclusive projects, explain why picking one project over another because it has a larger IRR
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Because the IRR is a measure of the expected return of investing in the project ...View the full answer
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Related Book For 
Fundamentals of Corporate Finance
ISBN: 978-0133400694
1st canadian edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
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