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2000 points Garage, Inc., has identified the following two mutually exclusive projects: 29,400 29,400 4,500 14,800 12,700 10,000 9,400 15,600 17,200 5.300 a-1 What is

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2000 points Garage, Inc., has identified the following two mutually exclusive projects: 29,400 29,400 4,500 14,800 12,700 10,000 9,400 15,600 17,200 5.300 a-1 What is the IRR for each of these projects? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Project A 19,53 Project B 18.16 a 2 Using the IRR decision rule, which project should the company accept? Project A O Project B a-3 ls this decision necessarily correct? O Yes No b-1 lf the required return is 12 percent, what is the NPV for each of these projects? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)

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