A company is considering two equally risky, mutually exclusive projects A and B. The cost of capital is 9%. The CEO wants to use the IRR criterion, while the CFO favors the NPV method. If the CEO's preferred criterion is used, how much value will the firm lose as a result of this decision?

Got the answer after all is 1,239

Year	Project A	Project B
0	$-4,000	$-2,000
1	2,000	1,000
2	2,100	1,100
3	2,200	1,200
4	2,300	1,300