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As the Financial Manager You Have Been Assigned the Task

Question 96

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As the financial manager you have been assigned the task of choosing which of two projects will be approved. The first project generates an IRR of 12% but has no ability to generate a higher return. The second project has an IRR on its current project of only 10%, but, has the potential to expand into other profitable areas if the current project succeeds. How would you deal with the problem?

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