NARRBEGIN: Exhibit 8-3 Invst Prpsals
Exhibit 8-3
A firm is evaluating two investment proposals.The following data is provided for the two investment alternatives.

-Refer to Exhibit 8-3.If the two projects are independent,which project should the firm choose based on the IRR rule?
A) project 1
B) project 2
C) both projects
D) cannot decide because the hurdle rate is unknown
Correct Answer:
Verified
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Q32: NARRBEGIN: Exhibit 8-3 Invst Prpsals
Exhibit 8-3
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