higher ground company is presented with the


Higher Ground Company is presented with the subsequent two mutually exclusive projects. The required return for both projects is 15 %.
 Year                    Project M          Project N
0                            $1 45,000        $350,000
1                             63,000            1 55,000
2                             81 ,000           1 75,000
3                             72,000            1 40,000
4                             58,000            1 05,000

a. Find what is the IRR for each project?

b. Evaluate what is the NPV for each project?

c. Which, if either, of projects should company accept?

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Cost Accounting: higher ground company is presented with the
Reference No:- TGS0483965

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