Question: Claire is choosing between two projects but can only take one. The cash flows for the projects are given in the following table ($ million):

 Claire is choosing between two projects but can only take one.

Claire is choosing between two projects but can only take one. The cash flows for the projects are given in the following table ($ million): Project Year 0 Year 1 $24 A -$54.7 -$90.3 Year 2 $20 $39 Year 3 $21 $50 Year 4 $17 $61 B $20 Note: The IRRs for this question will require Excel or a financial calculator. Students will not be required to do this in an exam unless you are told explicitly to do so. (a-1) The IRR of project A is (Round your answer to two decimal places) (a-2) The IRR of project B is %. (Round your answer to two decimal places) million. (b) If Claire's discount rate is 5.0%, the NPV for project A is $ (Round your answer to two decimal places) million. If Claire's discount rate is 5.0%, the NPV for project B is $ (Round your answer to two decimal places)

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