Which of the following types of deductibles is most


1. Which of the following types of deductibles is most effective at mitigating moral hazard?

Straight deductible

Aggregate deductible

Franchise deductible

They are all equally effective

2. Project L costs $65,000, its expected cash inflows are $12,000 per year for 9 years, and its WACC is 9%. What is the project's IRR?

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Financial Management: Which of the following types of deductibles is most
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