Question: how do u do this Pitt Company is considering two alternative investments. The company requires a 12 return from its investments, Mether optional sale e
Pitt Company is considering two alternative investments. The company requires a 12 return from its investments, Mether optional sale e Project x Project Y Initiat investment $243,244 $179,945 Net cash flows anticipated Year 1 81,000 36,000 Year 2 60.000 54,000 Year 92,000 73,000 Year 12.000 67,000 Years 76,000 26,000 A. Compute the IRR for both projects wing the IRR spreadsheet function Project X Project 3. Which project should be recommended
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