Question: Consider two mutually exclusive projects A and B: Project Cash Flows (dollars) NPV at 11% C0 C1 C2 A 39,500 28,600 28,600 +$ 9,478 B

Consider two mutually exclusive projects A and B: Project Cash Flows (dollars) NPV at 11% C0 C1 C2 A 39,500 28,600 28,600 +$ 9,478 B 59,500 42,500 42,500 +13,282 a. Calculate IRRs for A and B. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) b. Which project does the IRR rule suggest is best? Project A Project B c. Which project is really best

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