Question: 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,

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%.

	15.24%
	15.96%
	16.17%
	15.42%

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