Question: Garage, Inc., has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $ 29,700 $ 29,700 1 15,100 4,650

Garage, Inc., has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $ 29,700 $ 29,700 1 15,100 4,650 2 13,000 10,150 3 9,550 15,900 4 5,450 17,500 ________________________________________ What is the IRR for each of these projects? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) If the required return is 12 percent, what is the NPV for each of these projects? At what discount rate would the company be indifferent between these two projects? :

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