Question: Garage, inc., has identified me following two mutually exclusive projects: What is the IRR for each of these projects? (Do not round intermediate calculations and

 Garage, inc., has identified me following two mutually exclusive projects: What

Garage, inc., has identified me following two mutually exclusive projects: What is the IRR for each of these projects? (Do not round intermediate calculations and round your final answers to 2 decimal places, (e.g.. 32.16)) Project A Project B Using the IRR decision rule, which project should the company accept? Project A Project B Is this decision necessarily correct? Yes No If the required return is 11 percent, what is the NPV for each of these projects? (Do not round intermediate calculations and round your final answers to 2 decimal places, (e.g.. 32.16)) Which project will the company choose if it applies the NPV decision rule? Project A Project B At what discount rate would the company be indifferent between these two projects? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

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