Question: 4 Submit nit your work in Excel spreadsheet. 5 The CEO of Lawrenceville Inc. is presented with the following two mutually exclusive projects. 6 Year

4 Submit nit your work in Excel spreadsheet. 5 The CEO of Lawrenceville Inc. is presented with the following two mutually exclusive projects. 6 Year Project A Project B 7 0 ($150,000) ($372,500) 8 1 68,710 159,410 9 2 76,900 193,300 10 3 71,400 154,900 11 4 40,610 110,510 12 JIRR 13 NPV 14 Excel Exercise: 15 (a) What is the IRR for each project? (3pts). 16 (b) What is the NPV for each project? (3pts). The required return for both projects is 10%. 17 (c) Which, if either, of the projects should the company accept? Explain why? (4pts)
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