Input area: \begin{tabular}{llllr} & & A & & B \\ Year 0 & $ & (41,300) & $ & (41,300) \\ Year 1 & $ & 19,100 & $ & 6,300 \\ Year 2 & $ & 17,800 & $ & 14,200 \\ Year 3 & $ & 15,200 & $ & 17,900 \\ Year 4 & $ & 8,400 & $ & 30,300 \\ \multicolumn{3}{l}{ Required return } & & \\ \hline \end{tabular} Output area: IRR A IRR B The implication of ranked IRR is to accept This may not be a correct decision however, because the IRR has a ranking problem for mutually exclusive projects To see if the ranked IRRs lead to the correct decision or not, we need to evaluate the project NPVs