Question: Consider projects A and B: Cash Flows (dollars) Project C 0 C 1 C 2 NPV at 10% A ?39,000 28,200 28,200 +$9,942 B ?59,000

Consider projects A and B:

Cash Flows (dollars)

Project C0 C1 C2 NPV at 10%
A ?39,000 28,200 28,200 +$9,942
B ?59,000 42,000 42,000 +13,893

a. Calculate IRRs for A and B. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

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