Question: Problem 5 - 1 1 NPV versus IRR Consider the following cash flows on two mutually exclusive projects for the Bahamas Recreation Corporation ( BRC

Problem 5-11 NPV versus IRR
Consider the following cash flows on two mutually exclusive projects for the Bahamas Recreation Corporation (BRC). Both projects require an annual return of 17 percent
\table[[Year,\table[[Deepwater],[Fishing]],\table[[New],[Submarine],[Ride]]],[0,$?1,020.000,$?1,990,000
 Problem 5-11 NPV versus IRR Consider the following cash flows on

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