Mutually exclusive projects
{"Image DocumentName": "Mutually exclusive projects", "Image ImageDescription": "In case of mutually exclusive projects choices, NPV and IRR can favor conflicting projects. When forced to choose between two mutually exclusive investments, the NPV will always provide the correct answer. When projects are substantially different in. Timing of cash flows. Most of CFs coming in early years vs. later years. Scale differences. Differences in the amount of the initial investment.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}