b$-1.$ If the required return is $11$ percent, what is the NPV for each of these projects?

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

$\backslash$table$[[,$NPV$],[$Project A$,],[$Project B$,]]$

b$-2.$ Which project will the company choose if it applies the NPV decision rule?

Project A

Project B

c$.$ At what discount rate would the company be indifferent between these two projects?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

Discount rate

$\%$Flamingo, Incorporated, has identified the following two mutually exclusive projects:

$\backslash$table$[[$Year Cash Flow $($A$)$ Cash Flow $($B$),,],[0,-$$$,-$$$45,400$

Howell Petroleum, Incorporated, is trying to evaluate a generation project with the following cash flows:

$\backslash$table$[[$Year$,$Cash Flow$],[0,-$$$45,000,000$