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Cummings Products is considering two mutually exclusive investments whose expected net cash flows are as follows: EXPECTED NET CASH FLOWS Year Project A Project B

Cummings Products is considering two mutually exclusive investments whose expected net cash flows are as follows:

EXPECTED NET CASH FLOWS
Year Project A Project B
0 -$280 -$430
1 -387 134
2 -193 134
3 -100 134
4 600 134
5 600 134
6 850 134
7 -180

134

What is each project's IRR? Round your answers to two decimal places. Project A % Project B %

Calculate the two projects' NPVs, if you were told that each project's cost of capital was 10%. Round your answers to the nearest cent. Project A $ Project B $

Calculate the two projects' NPVs, if the cost of capital was 18%. Round your answers to the nearest cent. Project A $ Project B $

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