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Consider two investments A and B with the following sequences of cash flows: Net Cash Flow Project A -$114000 23000 Project B -$108000 0 12000

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Consider two investments A and B with the following sequences of cash flows: Net Cash Flow Project A -$114000 23000 Project B -$108000 0 12000 23000 12000 114000 104000 (a) Compute the IRR for each investment. Project A: IRR = % Project B: IRR = (keep 2 decimal places in numerical results) (b) At MARR = 13%, determine the acceptability of each project. Project A: Project B: (C) If A and B are mutually exclusive projects, which project is better, based on the rate of return on incremental investment? Project A is better

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