Business
Business, 23.10.2019 22:30, figueroajorge8291

Two mutually exclusive projects have 3-year lives and a required rate of return of 10.5 percent. project a costs $75,000 and has cash flows of $18,500, $42,900, and $28,600 for years 1 to 3, respectively. project b costs $72,000 and has cash flows of $22,000, $38,000, and $26,500 for years 1 to 3, respectively. using the irr, which project, or projects, if either, should be accepted?

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