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Compute the internal rate of return for the cash flows of the following two projects: (Do not round intermediate calculations. Enter your answers as a
Compute the internal rate of return for the cash flows of the following two projects: (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)
Year | Project A |
| Project B | ||
0 | $ | 5,800 |
| $ | 3,400 |
1 |
| 2,200 |
|
| 1,300 |
2 |
| 3,000 |
|
| 2,100 |
3 |
| 1,800 |
|
| 1,400 |
| Internal rate of return | |
Project A | % | |
Project B | % | |
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