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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 | -$8,800 | -$6400 |
1 | 3,400 | 1,900 |
2 | 4,200 | 4,500 |
3 | 3,000 | 2,600 |
Project A IRR= ?
Project B IRR= ?
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