Question: Garage, Inc, has identified the following two mutually exclusive projects E Year Cash Flow Cash Flow (B) 28,200 13,600 11,500 8,800 4,700 28,200 3,900 9,400

 Garage, Inc, has identified the following two mutually exclusive projects E

Year Cash Flow Cash Flow (B) 28,200 13,600 11,500 8,800 4,700 28,200

Garage, Inc, has identified the following two mutually exclusive projects E Year Cash Flow Cash Flow (B) 28,200 13,600 11,500 8,800 4,700 28,200 3,900 9,400 14,400 16,000 0 2 a-1 What is the IRR for each of these projects? (Do not round intermediate calculations your final answers to 2 decimal places. (e.g. 32.16)) IRR Project A Project B a 2 Using the IRR decision rule, which project should the company accept? O Project A Project B a-3 Is this decision

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