Problem $11\mathrm{.}06($NPV$)$

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I

Your division is considering two projects with the following cash flows $($in millions$)$:

decimal places.

Project A: $$$ million

Project $B$:$,$$$,$ million

decimal places.

Project A: $ million

Project B: $ nillion

decimal places.

Project A: $ nillion

Project B: $ nillion

b$.$ What are the projects' IRRs assuming the WACC is $5\%?$ Do not round intermediate calculations. Round your answer to two decimal places.

Project A: $,\%$

Project B: $,\%$

What are the projects' IRRs assuming the WACC is $10\%?$ Do not round intermediate calculations. Round your answer to two decimal places.

Project A:

Project B:

What are the projects' IRRs assuming the WACC is $15\%?$ Do not round intermediate calculations. Round your answer to two decimal places.

Project A:

$\%$

Project B:

c$.$ If the WACC was $5\%$ and A and B were mutually exclusive, which project would you choose? $($Hint: The crossover rate is $90\mathrm{.}37\%.)$

If the WACC was $10\%$ and A and B were mutually exclusive, which project would you choose? $($Hint: The crossover rate is $90\mathrm{.}37\%.)$

If the WACC was $15\%$ and A and B were mutually exclusive, which project would you choose? $($Hint: The crossover rate is $90\mathrm{.}37\%.)$