Kaleb Konstruction, Inc., has the following mutually exclusive projects, A and B, available. The estimated life for both projects are four year. The estimated initial investment costs and the cash flows from assets produced by each project over the project life are presented in the following table. The unit of the numbers in the table is $ in millions. The required return for both projects is 14 percent.

Year	Project A	Project B
0	-125,000	-200,000
1	52,550	42,500
2	45,000	42,500
3	45,000	110,500
4	45,000	116,500

Reqirement 1

What is the NPV for each project?

	NPV
Project A	$
Project B	$

Reqirement 2

What is the IRR for each project?

	IRR
Project A	%
Project B	%