A Company Is Analyzing Two Mutually Exclusive Projects,S and L,whose

question 48

Multiple Choice

A company is analyzing two mutually exclusive projects,S and L,whose cash flows are shown below: The company's required rate of return is 12 percent.What is the IRR of the better project? (Hint: Note that the better project may or may not be the one with the higher IRR.)

• A) 13.09%
• B) 12.00%
• C) 17.46%
• D) 13.88%
• E) 12.53%

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