Question: Here are the cash flows for two mutually exclusive projects: Project C 0 C 1 C 2 C 3 A $ 23,600 +$ 9,400 +$

Here are the cash flows for two mutually exclusive projects:

Project C0 C1 C2 C3
A $ 23,600 +$ 9,400 +$ 9,400 +$ 9,400
B 23,600 0 0 + 29,700

a. Given the following interest rates (0%, 2%, 4%, 6%, 8%, 10%, 12%, 14%, 16%, 18%, 20%), above what interest rates would you prefer project A to B?

Interest rates above % ?

What is the IRR of each project? (Round your answers to 2 decimal places.)

IRR PROJECT A % ?

IRR PROJECT B % ?

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