Question: You are choosing between two projects. The cash flows for the projects are given in the following table ($ million): Project A B Year 0

You are choosing between two projects. The cash flows for the projects are given in the following table ($ million): Project A B Year 0 - $51 - $99 Year 1 $27 $22 Year 2 $19 $39 Year 3 $18 $48 Year 4 $15 $61 a. What are the IRRs of the two projects? b. If your discount rate is 4.9%, what are the NPVs of the two projects? c. Why do IRR and NPV rank the two projects differently
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