Consider the following projects being considered by ExWhy Products: View the projects.LOADING... Compute the IRR of each project, and use this information to identify the better investment. View the Present Value of $1 table.LOADING... bullet Project A: Costs $ 270 comma 000 and offers 8 annual net cash inflows of $ 53 comma 000. ExWhy Products requires an annual return of 12% on investments of this nature. bullet Project B: Costs $ 373 comma 000 and offers 10 annual net cash inflows of $ 76 comma 000. ExWhy Products demands an annual return of 10% on investments of this nature. View the Present Value of Ordinary Annuity of $1 table.LOADING... Question content area bottom Part 1 The IRR for each project is: Project A: 10 - 12% 8 - 9% 7 - 8% Project B: 15 - 16% 9 - 10% 7 - 8% Part 2 Project A Project B is the better investment