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Claire is choosing between two projects but can only take one. The cash flows for the projects are given in the following table ($ million):
Claire is choosing between two projects but can only take one. The cash flows for the projects are given in the following table ($ million): Project Year 0 Year 1 $24 A -$54.7 -$90.3 Year 2 $20 $39 Year 3 $21 $50 Year 4 $17 $61 B $20 Note: The IRRs for this question will require Excel or a financial calculator. Students will not be required to do this in an exam unless you are told explicitly to do so. (a-1) The IRR of project A is (Round your answer to two decimal places) (a-2) The IRR of project B is %. (Round your answer to two decimal places) million. (b) If Claire's discount rate is 5.0%, the NPV for project A is $ (Round your answer to two decimal places) million. If Claire's discount rate is 5.0%, the NPV for project B is $ (Round your answer to two decimal places)
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