Question: A company is analyzing two mutually exclusive projects, S and L, with the following cash flows Project S $1,000 $900.17 $250 $5 $5 Project L
A company is analyzing two mutually exclusive projects, S and L, with the following cash flows Project S $1,000 $900.17 $250 $5 $5 Project L $1,000 $0 $240 $420 $769.78 The cong ny's wACC "s 9 5%, what is the IRR of the better project? (Hint: The better project may or may not be the one with the h gher IRR.) Round
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