Question: Consider two mutually exclusive projects A and B: Project C1 C2 Cash Flows (dollars) Co -38,500 27,800 27,800 -58,500 41,500 41,500 NPV at 12% +$


Consider two mutually exclusive projects A and B: Project C1 C2 Cash Flows (dollars) Co -38,500 27,800 27,800 -58,500 41,500 41,500 NPV at 12% +$ 8,483 +11,637 a. Calculate IRRs for A and B. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) Project IRR A B % b. Which project does the IRR rule suggest is best? O Project A O Project B c. Which project is really best? O Project A O Project B
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