Question: Question 10 (3 points) Groon Inc. is considering Projects and L. However company has lost investment information for Project L. Payback period for both projects

 Question 10 (3 points) Groon Inc. is considering Projects and L.

Question 10 (3 points) Groon Inc. is considering Projects and L. However company has lost investment information for Project L. Payback period for both projects are the same. The cash flown for both the prosects are shown below What is the IRR of the project with higher NPV? WACC: 9.0% 0 1 3 CFS $2,310 $720 N770 NB20 8870 CFL $X $870 N18 20 N770 $720 15.16% 9.95% 14.0% 11.52% 13.65%

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