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Bruin, Incorporated, has identified the following two mutually exclusive projects: Year Cash Flow ( A ) Cash Flow ( B ) 0 $ 2 8

Bruin, Incorporated, has identified the following two mutually exclusive projects:
Year Cash Flow (A) Cash Flow (B)
0$ 28,600$ 28,600
114,0004,100
211,9009,600
39,00014,800
44,90016,400
a-1.
What is the IRR for each of these projects? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g.,32.16.)
a-2.
Using the IRR decision rule, which project should the company accept?
multiple choice 1
Project A
Project B
a-3. Is this decision necessarily correct?
multiple choice 2
Yes
No
b-1.
If the required return is 10 percent, what is the NPV for each of these projects? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.)
b-2. Which project will the company choose if it applies the NPV decision rule?
multiple choice 3
Project A
Project B
c.
At what discount rate would the company be indifferent between these two projects?

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