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Consider projects A and B: Cash Flows (dollars) Project C0 C1 C2 NPV at 11% A 30,500 21,400 21,400 + $6,148 B 50,500 33,500 33,500

Consider projects A and B:

Cash Flows (dollars)

Project C0 C1 C2 NPV at 11%

A 30,500 21,400 21,400 + $6,148

B 50,500 33,500 33,500 + $6,870

Calculate IRRs for A and B. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

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