Question: i need step by step , i want to know how to find IRR X 12. NPV versus TRR (LO1, 5] Garage, Inc., has identified

i need step by step , i want to know how to find IRR
i need step by step , i want to know how to
find IRR X 12. NPV versus TRR (LO1, 5] Garage, Inc., has

X 12. NPV versus TRR (LO1, 5] Garage, Inc., has identified the following two mutually exclusive projects Year O 1 2 3 Cash Flow (A) 543,500 21.400 18.500 13.800 7.500 Cash Flow (B) 541.500 6,400 14.300 22.300 25.200 a. What is the IRR for each of these projects? Using the IRR decision rule, which project should the company accept? Is this decision necessarily correct? b. If the required return is 11 percent, what is the NPV for each of these projects? Which project will the company choose if it applies the NPV decision rule? c. Over what range of discount rates would the company choose project A? Project B? At what discount rate would the company be indifferent between these two projects? Explain

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