A firm with 14% WACC is evaluating two projects for this year capital budget. After tax cash flows, including depreciation, are as follows:

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Project A -6,000 2,000 2,000 2,000 2,000 2,000 Project B -18,000 5,600 5,600 5,600 5,600 5,600

1. What is the net present value of each project? (Round present value factor to 4 decimal places; Input your answer e. g. A850; B1,450)
2. What is the IRR of project A? (Input your answer e. g. 15.25%; Round answer to 2 decimal places)
3. Assuming the projects are mutually inclusive, whichone(s) would you recommend? (Input your answer e. g. A)