Cash flow ($)\ Year Project A Project B\ 0 $ 5,300 $ 2,900\ 1 2,000 1,100\ 2 2,800 1,800\ 3 1,600 1,200\ \ \ a. Compute the IRR for the cash flows of the above two independent projects. (Do not round intermediate calculations. Round the answers to 2 decimal places. Omit '%' sign in your response.)\ \ \ \ Internal rate of return\ Project A \ %\ Project B \ %\ \ \ b. Which, if either, of these projects should be chosen if the appropriate discount rate is 10 percent?\ \ \ \ multiple choice\ Project A\ Project B\ Both projects\ Neither project\