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Consider two mutually exclusive projects A and B: Project A B Cash Flows (dollars) 1 C2 -38,000 27,400 27,400 -58,000 41,000 41,000 NPV at 11%

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Consider two mutually exclusive projects A and B: Project A B Cash Flows (dollars) 1 C2 -38,000 27,400 27,400 -58,000 41,000 41,000 NPV at 11% *$8,923 +12,213 a. Calculate IRRs for A and B. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) IRR Project 6 % b. Which project does the IRR rule suggest is best? Project A Project B c. Which project is really best

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