Question: Consider the following two mutually exclusive projects Year Cash Flow (A) Cash Flow (B) 0 -$365,000 -$40,000 1 38,000 20,300 2 47.000 15,200 3 62.000
Consider the following two mutually exclusive projects Year Cash Flow (A) Cash Flow (B) 0 -$365,000 -$40,000 1 38,000 20,300 2 47.000 15,200 3 62.000 14,100 4 455,000 11,200 What is the internal rate of return (IRR) for project A? (keep at least 2 decimals, if your answer is 12.21%, type in 0.1221, do not use % sign) Numeric Response
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