Paul Hollywood is evaluating two mutually exclusive projects (expected cash flows shown below). The firm's cost of capital is 14 percent. (Round each amount to the nearest cent) Year 0 Project (640) 120 600 Project B (640) 850 1 2 200 3 730 150 4 925 700 Calculate the Internal Rate of Return for Project A O a 58.92 percent ob. oc' 081.74 percent Oe None of the answer options is correct. 77.44 percent 61.12 percent