Question: A company is analyzing two mutually exclusive projects, S and with the following cash flows: 0 1 2 3 4 Projects -$1,000 $879.38 $250 $5
A company is analyzing two mutually exclusive projects, S and with the following cash flows: 0 1 2 3 4 Projects -$1,000 $879.38 $250 $5 $5 Project 1 -$1,000 $0 $260 $380 $788.62 The company's WACC is 9.5%. What is the IRR of the better project? (Hint: The better project may or may not be the with the higher IRR.) Round your answer to two decimal places. 96
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
