Question: Problem #2 Each of two mutually exclusive projects involves an investment of $ 89,000 The cash flows for the projects are as follows: Year

Problem #2 Each of two mutually exclusive projects involves an investment of $ 89,000 The cash flows for the projects are as follows: Year Project "A" 29,000 29,000 29,000 29,000 Project "B" 42,000 42,000 42,000 Note: Project "A" covers 4 years and project "B" covers 3 years. A Calculate each project's payback period B. Compute the IRR of each project. 1 point 1 Point

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