9.3 Simulation Seven i Saved Help Save & Exit Submit Check my work 1 Following is information on two alternative investments being considered by Jolee Company. The company requires a 11% return from its investments. 13.12 points Project A $(168,000) Project B $(113,000) 2 01:58:24 Initial investment Expected net cash flows in: Year 1 Year 2 Year 3 Year 4 Year 5 42,000 58,000 82,295 92,400 67,000 34,000 52,000 68,000 68,000 68,000 eBook Compute the internal rate of return for each of the projects using excel functions. (Round your answers to 2 decimal places.) References IRR Project A Project B % %