Question: You are choosing between two projects. The cash flows for the projects are given in the following table ( $ million): a. What are the


You are choosing between two projects. The cash flows for the projects are given in the following table ( $ million): a. What are the IRRs of the two projects? b. If your discount rate is 5.1%, what are the NPVs of the two projects? c. Why do IRR and NPV rank the two projects differently? \begin{tabular}{cccccc} Project & Year 0 & Year 1 & Year 2 & Year 3 & Year 4 \\ \hline A & $50 & $24 & $18 & $20 & $16 \\ B & $98 & $19 & $38 & $49 & $62 \\ \hline \end{tabular}
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