Question: Voyageur has two mutually exclusive projects under consideration. The required investment for each is $15,000. The required return on each is 6%. The cash flows

Voyageur has two mutually exclusive projects under consideration. The required investment for each is $15,000. The required return on each is 6%. The cash flows are as follows a) By considering the cash flows produced by the two investments; which project do you select by using the NPV criterion? Which would be selected by using IRR? b) Why do NPV and IRR select different projects? c) Which project do you select and why
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