Consider the following projects being considered by Rouse Products: (Click the icon to view the projects.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Compute the IRR of each project, and use this information to identify the better investment. The IRR for each project is: Project A: Project B : More info - Project A: Costs $260,000 and offers seven annual net cash inflows of $53,000. Rouse Products requires an annual return of 16% on investments of this nature. - Project B: Costs $380,000 and offers 10 annual net cash inflows of $78,000. Rouse Products demands an annual return of 14% on investments of this nature