Question: A firm is considering the following two mutually exclusive projects. Using a required rate of return of 10%, calculate the internal rate of return for
A firm is considering the following two mutually exclusive projects. Using a required rate of return of 10%, calculate the internal rate of return for Project B. (Enter percentages as decimals and round to 4 decimals).
| Time | Project A | Project B |
| 0 | -150 | -825 |
| 1 | 20 | 0 |
| 2 | 40 | 0 |
| 3 | 60 | 7025 |
| 4 | 100 | -6500 |
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