Question: 10) You are considering two mutually exclusive projects that have been assigned the same discount rate of 10.5 percent. Project A has an initial cost

 10) You are considering two mutually exclusive projects that have been

10) You are considering two mutually exclusive projects that have been assigned the same discount rate of 10.5 percent. Project A has an initial cost of $54,500, and should produce cash inflows of $16,400, $28,900, and $31,700 for Years 1 to 3, respectively. Project B has an initial cost of $79,400, and should produce cash inflows of $0, $48,300, and $42, 100, for Years 1 to 3, respectively. What is the incremental IRR? Show your calculations

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