Mutually exclusive projects

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You have mutually exclusive projects and want to decide based on IRR If you require 14%, which one you need to choose with given information and why? Show your work. Project A costs $50,000 and returns $15,000 after-tax annually. Project B costs $35,000 and returns $11,000 after-tax annually. Both projects have a 5-year life.

Reference no: EM131930179

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