Question: You are trying to choose between two mutually exclusive projects. Project X has an IRR of 13% and a Pl of 0.16 . Project Z

You are trying to choose between two mutually exclusive projects. Project X has an IRR of 13% and a Pl of 0.16 . Project Z has an IRR of 10\% and a PI of 0.18. You estimate both projects risk-adjusted cost of capital at 14%. Which project should you choose? Reject both projects beccuse the IRR is less than the cost of capitol. Choose project Y becouse it hos a higher PI. Choose project X because it has a higher IRR. It is impossible to tell without more information

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