Question: 12 A company is considering two mutually exclusive projects, A and B. Project A requires an initial investment of $100, followed by cash flows of

 12 A company is considering two mutually exclusive projects, A and

12 A company is considering two mutually exclusive projects, A and B. Project A requires an initial investment of $100, followed by cash flows of $95. $20, and $5 Project B requires an initial investment of $100, followed by cash flows of $0, $20 and $130. What is the IRR of the project that is best for the company's shareholders? The firm's cost of capital is 10 percent Multiple Choice 15 24 percent 15 96 percent 16 17 percent O 15.42 percent

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