two mutually exclusive projects:

Year Cash Flow $($A$)$ Cash Flow $($B$)$

$0$$ $41,000$$ $41,000$

$119,4005,600$

$214,90012,100$

$312,40018,600$

$49,40022,600$

a$.$ What is the IRR for Project A$?$

b$.$ What is the IRR for Project B$?$

c$.$ If the required return is $7$ percent, what is the NPV for Project A$?$

d$.$ If the required return is $7$ percent, what is the NPV for Project B$?$

e$.$ At what discount rate would the company be indifferent between these two projects?