a. What are the IRRs of the two projects?

The IRR for project A is_____ (Round to one decimal place.)

Part 2

The IRR for project B is ______ (Round to one decimal place.)

b. If your discount rate is 4.6%, what are the NPVs of the two projects?

If your discount rate is 4.6%, the NPV for project A is ________million. (Round to two decimal places.), the NPV for project B is_______million. (Round to two decimal places.)

You are choosing between two projects. The cash flows for the projects are given in the following table ( $ million): \begin{tabular}{cccccc} Project & Year 0 & Year 1 & Year 2 & Year 3 & Year 4 \\ \hline A & $50 & $25 & $19 & $19 & $14 \\ B & $98 & $20 & $41 & $48 & $58 \\ \hline \end{tabular}