Consider the following two mutually exclusive projects: Cash Flow Cash Flow Year (M) 19,700 (X) -$19,700 1 8,775 8,950 8,725 9,950 7,725 8,625 2 Calculate the IRR for each project. Project X 15.00 % Project Y 15.00: %

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Consider the following two mutually exclusive projects:
Cash Flow Cash Flow
Year
(M)
19,700
(X)
-$19,700
1
8,775
8,950
8,725
9,950
7,725
8,625
2
Calculate the IRR for each project.
Project X
15.00 %
Project Y
15.00: %
Transcribed Image Text:Consider the following two mutually exclusive projects: Cash Flow Cash Flow Year (M) 19,700 (X) -$19,700 1 8,775 8,950 8,725 9,950 7,725 8,625 2 Calculate the IRR for each project. Project X 15.00 % Project Y 15.00: %
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