Chapter 09 Net Present Value And Other Investment Criteria Hw 02 Chapter 09-Net Present Value And Other Inve... 3 Problem 9-12 NPV versus IRR [LO1, 5) Garage, Inc., has identified the following two mutually exclusive projects: 10 points Cash Flow Cash Flow 0 $28.200 $28.200 13.600 3,900 9,400 11,500 14.400 4,700 16,000 8,800 a-1 What is the IRR for each of these projects? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g. 32.16.) Project A Project B a-2Using the IRR decision rule, which project should the company accept? O Project A Project B 20