Flamingo, Incorporated, has identified the following two mutually exclusive projects:

Year Cash Flow $($A$)$ Cash Flow $($B$)$

$0$$ $29,300$$ $29,300$

$114,7004,450$

$212,6009,950$

$39,35015,500$

$45,25017,100$

a$-1.$ What is the IRR for each of these projects?

Note: Do not round intermediate calculations and enter your answers as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16$

a$-2.$ Using the IRR decision rule, which project should the company accept?

multiple choice $1$

Project A

Project B

a$-3.$ Is this decision necessarily correct?

multiple choice $2$

Yes

No

b$-1.$ If the required return is $11$ percent, what is the NPV for each of these projects?

Note: Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$

b$-2.$ Which project will the company choose if it applies the NPV decision rule?

multiple choice $3$

Project A

Project B

c$.$ At what discount rate would the company be indifferent between these two projects?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.$