XYZ Corp. is evaluating two projects. Project A has $50 thousand in up-front costs, and has after-tax cash flows of $10 thousand, $20 thousand, and $30 thousand during the first three years. Project B has $80 thousand in up-front costs, and has after-tax cash flows of $15 thousand, $30 thousand, and $50 thousand. The companys WACC is 6%.

What is the IRR for project B?

(Give at least 4 significant digits in your answer)

Calculate the IRR for the following projects with a discount rate of 12%:

Project 1 costs $100,000 and earns $50,000 each year for three years.

(Give at least 4 significant digits in your answer)

Calculate the IRR for the following projects with a discount rate of 12%:

Project 2 costs $200,000 and earns $150,000 in the first year, and then $75,000 for each of the next two years.

(Give at least 4 significant digits in your answer)