What types of projects require the least detailed and the most detailed analysis in the...

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Accounting

What types of projects require the least detailed and the most detailed analysis in the

capital budgeting process?

(10-4) When two mutually exclusive projects are being compared, explain why the short-term

project might be ranked higher under the NPV criterion if the cost of capital is high

whereas the long-term project might be deemed better if the cost of capital is low. Would

changes in the cost of capital ever cause a change in the IRR ranking of two such projects?

Why or why not?

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