Consider the following projects being considered by Juda Products: (Click the icon to view the projects.) JClick the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Co RR of each project, and use this information to identify the better investment. The IRR for each project is: More info Project A: Project B: - Project A: Costs $280,000 and offers eight annual net cash inflows of $53,000. Juda Products requires an annual return of 12% on investments of this nature. - Project B: Costs $375,000 and offers 10 annual net cash inflows of $70,000. Juda Products demands an annual return of 10% on investments of this nature. Reference