Problem $5-16$ Comparing Investment Criteria

Consider the following cash flows of two mutually exclusive projects for AZ$-$Motorcars.

Assume the discount rate for both projects is $10$ percent.

a$.$ What is the NPV for each project? $($Do not round intermediate calculations and

round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

b$.$ What is the IRR for each project? $($Do not round intermediate calculations and enter

your answers as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$Consider the following cash flows of two mutually exclusive projects for AZ$-$Motorcars. Assume the discount rate for both projects is $10$ percent.

Year AZM

Mini$-$SUV AZF

Full$-$SUV

$0$$ $490,000$$ $840,000$

$1328,000358,000$

$2196,000436,000$

$3158,000298,000$

a$.$ What is the NPV for each project? $($Do not round intermediate calculations and round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$