Garage, Inc., has identified the following two mutually exclusive projects. a. What is the IRR for each project? b. If the required return is 11 percent, what is the NPV for each project? c. What is the crossover rate between these two projects? Year 0 Year 1 Year 2 Year 3 Year 4 Required return A B (43,500) $ (43,500) $ 21,400 $ 6,400 18,500 $ 14,700 $ 13,800 $ 22,800 $ 7,600 $ 25,200 11% Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel functions to answer this question. Cash flow A IRR Cash flow B IRR Complete the following analysis. Do not hard code values in your calculations. You must use the built-in Excel functions to answer this question. Cash flow A IRR Cash flow B IRR Cash flow A NPV Cash flow B NPV Difference in cash flows Year 0 Year 1 Year 2 Year 3 Year 4 Crossover rate Light Sweet Petroleum, Inc., is trying to evaluate a generation project with the following cash flows. If the company requires a return of 12 percent on its investments, what is the project's NPV? What are the IRRS for the project? Year 0 Year 1 Year 2 66969 $ (45,000,000) $ 71,000,000 $ (15,000,000) Required return 12% Complete the following analysis. Do not hard code values in your calculations. Use a "Guess" of .99 to calculate the higher IRR and -.99 to calculate the lower IRR. You must use the built-in Excel functions to answer this question. NPV Higher IRR Lower IRR