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CAPITAL BUDGETING W. What is the IRR of each alternative? 9 Your company is considering...

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Finance

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CAPITAL BUDGETING W. What is the IRR of each alternative? 9 Your company is considering two mutually exclusive projects, X and Y, whose costs and cash flows are shown in the following table: The projects are equally risky, and their required rate of return is 12 percent. You must make a recommendation concerning which project should be purchased. To determine which is more appropriate, compute the NPV and IRR of each project

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