Question: Emusk Inc. is evaluating two mutually exclusive projects. The required rate of return on these projects is 8 % . Calculate the incremental IRR (

Emusk Inc. is evaluating two mutually exclusive projects. The required rate of return on these projects is 8%. Calculate the incremental IRR (aka cross-over rate) for the two projects. (Enter percentages as decimals and round to 4 decimals).
Year Project A Project B
0-15,000,000-15,000,000
12,000,0006,000,000
23,000,0006,000,000
35,000,0006,000,000
45,000,0001,000,000
56,000,0001,000,000

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