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QUESTION
Provide an evaluation of two proposed project, both with a 5-year expected lives and identical initial outlays of $110,000.
How does a change in the required rate of return affect the project's internal rate of return?
year A B 0 -110000 -1100001200004000023000040000340000400004500004000057000040000IRR 20.97% 23.92% IRR will not be effected with the change in the expected return