Would changes in the cost of capital ever cause a change in, Financial Management

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Would changes in the cost of capital ever cause a change in

Suppose a firm is considering two mutually exclusive projects One has a life of 6 years and the other a life of 10 years. Which method(s) should you use to evaluate these two projects?

Would changes in the cost of capital ever cause a change in the IRR ranking of these two projects? Why or why not?

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