Question: Godfall Inc. is evaluating two mutually exclusive projects. The required rate of return on these projects is 6%. Calculate the incremental IRR (aka cross-over rate)

Godfall Inc. is evaluating two mutually exclusive projects. The required rate of return on these projects is 6%. Calculate the incremental IRR (aka cross-over rate) for the two projects. (Enter percentages as decimals and round to 4 decimals).

Year

Project A

Project B

0

-8,000,000

-3,250,000

1

2,000,000

850,000

2

2,000,000

850,000

3

2,000,000

850,000

4

2,000,000

850,000

5

2,000,000

850,000

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