Here are the cash flows for two mutually exclusive projects:

Project	C0				C1				C2				C3
A	$	35,600			+$	14,200			+$	14,200			+$	14,200
B		35,600				0				0			+	44,700

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?

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

Here are the cash flows for two mutually exclusive projects: Project A B -$ 35,600 - 35,600 C1 +$14,200 C2 +$ 14,200 @ C3 +$ 14,200 + 44,700 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 % b. What is the IRR of each project? (Round your answers to 2 decimal places.) Project A Project B % IRR %