Bruin, Inc., has identified the following two mutually exclusive projects:

b. What is the IRR for Project B?

a. What is the IRR for Project A?

d. If the required return is 14 percent, what is the NPV for Project B?

c. If the required return is 14 percent, what is the NPV for Project A?

e. At what discount rate would the company be indifferent between these two projects?

Year Cash Flow (A) -$37.000 19.370 14,870 12.370 9.370 Cash Flow (B) -$37,000 6.850 13,350 19.850 23.850