What 2 is the incremental irr

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A small firm is evaluating two mutually exclusive projects that have required returns of 8.50 percent. Project X costs $45,000 and has cash flows of $25,000, and $26,000 for Years 1 to 2, respectively. Project Y has an initial cost of $40,000 and generates cash flows of $24,000, and $24,000 for Years 1 to 2, respectively. What 2 is the incremental IRR of these two mutually exclusive projects?

Reference no: EM133123667

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