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McCarver Inc. is considering the following mutually exclusive projects Project A...

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Question

Finance

McCarver Inc. is considering the following mutually exclusive projects

Project A Project B

Year Cash Flow Cash Flow

0 -$7,000 -$7,000

1 200 3,000

2 800 4,000

3 3,000 800

4 5,000 200

What is IRR for project A?

5.68%
6.15%
6.85%
7.67%
9.80%

Answer & Explanation Solved by verified expert
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