Here are the cash flows for two mutually exclusive projects:

Project	C0				C1				C2				C3
A	$	44,300			+$	17,650			+$	17,650			+$	17,650
B		44,300				0				0			+	55,200

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 C1 +$17,650 44,300 - 44,300 A C2 +$17,650 C3 +$ 17,650 +55,200 B 0 0 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