3. Employed in one of Pakistan's largest development companies, you are required to sign one of either two projects: - Year Project A Project B 0 Rs. 5,300 Rs. 2,900 1 2,000 1,100 2 2,800 1,800 3 1,600 1,200 a. If the Internal Rate of Return is used to rank these projects, calculate the IRR for Project A and Project B (Write percentages up to two decimal places followed by a '%' sign e.g. "1.11%", "2.90%" etc.) b. Which project must be chosen by your company? (write "A", or "B" as your answer)