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 $24 $18 Year 2 $21 $40 Year 3 $22 $51 Year 4 $16 $61 a. What are the IRRs of the two projects? b. If your discount rate is 5.3%, what are the NPVs of the two projects? c. Why do IRR and NPV rank the two projects differently
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