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Consider the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $427,000 $41,000 1 43,000 20,600 2 63,000 13,100 3 80,000
Consider the following two mutually exclusive projects: |
Year | Cash Flow (A) | Cash Flow (B) |
0 | $427,000 | $41,000 |
1 | 43,000 | 20,600 |
2 | 63,000 | 13,100 |
3 | 80,000 | 19,600 |
4 | 542,000 | 16,400 |
The required return on these investments is 13 percent.
|
. | What is the IRR for each project? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) |
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