Determine the better project for EFG Inc. using NPV and IRR at a discount rate...

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Accounting

Determine the better project for EFG Inc. using NPV and IRR at a discount rate of 10%.

Year

Project U

Project Z

0

(350,000)

(350,000)

1

120,000

90,000

2

140,000

100,000

3

160,000

110,000

4

180,000

120,000

5

200,000

130,000

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