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Consider projects A and B: C1 Project B Cash Flows (dollars) C2 -35,500 25,400 25,400 -55,500 38,500 38,500 NPV at 12% +$7,427.30 + 9,566.96 a.

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Consider projects A and B: C1 Project B Cash Flows (dollars) C2 -35,500 25,400 25,400 -55,500 38,500 38,500 NPV at 12% +$7,427.30 + 9,566.96 a. Calculate IRRs for A and B. (Do not round intermediate calculations. Round your answers to 2 decimal places.) IRR Project A B % % b. Which project does the IRR rule suggest is best? Project A O Project B c. Which project is really best? Project A O Project B

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