Your firm is looking at two mutually exclusive projects (be sure you know what this means, as compared to "independent projects"). Project X has an NPV of $750,000 and an IRR of 14.3%. Project Y has an NPV of $650,000 and an IRR of 18.8%. Your firm's required rate of return is 15.5%? Which of these mutually exclusive projects would you accept (either, both, or one particular project be specific, it matters). WHY is that your decision? 

Answer rating: 100% (QA)

Since the projects are mutually exclusive the firm can only choose one To determine wh... View the full answer