Question: part2 9 A firm is considering two projects, A and B. Each project will last for 4 years. The projects are MUTUALLY EXCLUSIVE. The projected
part2 9

A firm is considering two projects, A and B. Each project will last for 4 years. The projects are MUTUALLY EXCLUSIVE. The projected cash flows for each project are shown below: Year Project A -18.00 -30.00 1 8.00 10.00 2 7.00 12.00 3 7.00 11.00 4.00 14.00 Project B The cost of capital facing the firm is 5.00%. What is the IRR of project A? Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))
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