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A firm is considering two projects with the following cash flows and internal rates of return. If the firm's MARR is 24%, should it select

"A firm is considering two projects with the following cash flows and internal rates of return. If the firm's MARR is 24%, should it select project A, project B, or neither? It cannot select both the projects. Project A Year 0: -9 Year 1: 0 Year 2: 11 Project B Year 0: X Year 1: 0 Year 2: 35 The IRR for Project A is 10.55% and that of Project B is 16.12%. Enter the net present worth of the preferred project. You will need to solve for X first. ENTER '0' if neither project is preferred.

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