Calculate the rate at which the follow projects' NPV profiles cross and explain when IRR will give the correct answer when choosing between these two mutually exclusive projects.
Definitions:
Collective Movements
implies coordinated group actions or social movements aimed at achieving a common goal or addressing a shared issue.
Collectives
Groups or assemblies of individuals coming together with a common interest or purpose, often lacking a fixed structure.
Physical Location
The specific geographic or spatial position of an object, person, or event.
Flash Mob
A large group of people who assemble suddenly in a public place, perform an unusual act for a brief time, then quickly disperse.
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