The founders of a business are interested in investing in a project in the coming year, and they have two different projects to choose from. The estimated cash flows of the two projects are indicated as follows. The company's Weighted Average Cost of Capital (WACC) is 9%. Calculate the IRR of each project. HOMEINSERTDATA

Gerda, a real estate agent, is selling a moderately priced house in a subdivision. she knows from her uncle that the factory being built half a mile from the subdivision will be manufacturing dog food, using a process that creates a very strong odor that permeates the surrounding neighborhood. a buyer, who is unaware of the type of factory under construction, makes an offer on one of the houses gerda is selling, and within a short time, the deal goes through. what does this scenario best illustrate?