B D E F G H 1 J . 2 3 Garage, Inc., has identified the following two mutually exclusive projects. a. What is the IRR for each project? b. If the required return is 11 percent, what is the NPV for each project? c. What is the crossover rate between these two projects ? 4 5 6 7 8 9 Year 0 Year 1 Year 2 Year 3 Year 4 $ $ $ (43,500) 21,400 18,500 13,800 7,600 B $ (43,500) 6,400 $ 14,700 $ 22,800 $ 25,200 10 11 12 13 Required return 11% 14 15 16 Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel functions to answer this question. 17 18 19 Cash flow A IRR Cash flow B IRR 20 4 Sheet1 READY E 100% Attempt(s)