Question: Big Company is evaluating two projects, Project A and Project B. Both projects are of equal risk. Big Company has a WACC of 10%. The

 Big Company is evaluating two projects, Project A and Project B.

Big Company is evaluating two projects, Project A and Project B. Both projects are of equal risk. Big Company has a WACC of 10%. The expected Free Cash Flows of the projects are as follows: Period Annual Cash Flows Project "A" Annual Cash Flows Project "B" NA O 1 ($30,000) 6,500 9,000 12,000 ($30,000) 16,500 10,500 2 3 9,000 3,000 4 15,000 Compute the Internal Rate of Return (IRR) for "Al Show your inputs/work for partial credit. L

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