1. [10 Points] Garage, Inc. has identified the following two mutually exclusive projects and the required rate of return is 12% for both projects: Year Cash Flow (A) Cash Flow (B) 0 $140,000 -$14,000 1 64,000 6,400 2 59,000 6,900 3 50,000 6,000 4 50,000 6,000 a. What is the IRR for each of the projects? Using the IRR decision rule, which project should be accepted? b. What is the NPV for each of these projects? Using the NPV decision rule, which project should be accepted? c. What is the possible reason that IRR and NPV may make you come up with discrepant decisions? d. How to fix the problem with IRR