Problem 9.12 – NPV versus IRR (Bruin, Inc.)
Fundamentals of Corporate Finance
Ross, Westerfield, and Jordan
13th Edition
With the given cash flows, find the IRRÂ and which project to accept. Then, with the required return, find the NPV for both projects and which project should be chosen. Lastly, find what discount rate would they be indifferent between the two projects.
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