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What is the irr of the better project

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A company is analyzing two mutually exclusive projects, S and L, with the following cash flows: 4 Project S $1,000 Project L $1,000 The company's WACC is 8.5%, what is the IRR of the better project? (Hint: The better project may or may not be the one with the higher $870 $0 $250 $250 $25 $400 $25 $845

Reference no: EM132811560

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