Question: Problem 10.32 Jekyll & Hyde Corp. is evaluating two mutually exclusive projects. The cost of capital is 15 percent. Costs and cash flows are given

Problem 10.32 Jekyll & Hyde Corp. is evaluating two mutually exclusive projects. The cost of capital is 15 percent. Costs and cash flows are given in the following table. Year Project 1 Project 2 0 -$1,286,193 -$1,333,212 1 258,500 380,625 2 342,615 380,625 3 435,465 380,625 4 506,700 380,625 5 699,300 380,625 Calculate NPV and IRR of two projects. (Enter negative amounts using negative sign, e.g. -45.25. Round answer to 2 decimal places, e.g. 15.25 or 12.25%.) NPV of project 1 is NPV of project 2 is $ IRR of project 1 is IRR of project 2 is % % Which project should be accepted? Jekyll and Hyde Corp. should accept Click if you would like to Show Work for this question: Open Show Work
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