1. The following cash flows are estimated for two mutually exclusive projects being considered by Hutchinson Aviation, Inc. The firm's cost of capital is 8 percent. (18 points) Project B -140 40 20 50 80 Project A- 10 30 30 -20 Time Project A -$130 70 50 30 20 4 Referring to projects A and B above which project is preferred and why? Answer: (a) (b) Compute the IRR of Project A and Project B