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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 | $ | 8,300 | $ | 5,900 | |
1 | 3,200 | 1,800 | |||
2 | 4,000 | 4,100 | |||
3 | 2,800 | 2,400 | |||
Internal rate of return | ||
Project A | % | |
Project B | % | |
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