Question: Question 24 (4 points) A company is analyzing two mutually exclusive projects, whose cash flows are shown below. The cost of capital is 12%. What

Question 24 (4 points) A company is analyzing two mutually exclusive projects, whose cash flows are shown below. The cost of capital is 12%. What is the IRR of the project that would maximize the firm's stock price? Year Project S Project L 0 1600 -1600 1 1000 2 350 500 3 500 1500 Your Answer: Answer units
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