determine the irr of each of these projects. which project should be accepted

To: The New Financial Analyst From: Mr. R. Harrison, CEO, Park Products Re: Capital-Budgeting Analysis Provide an evaluation of four proposed projects, all with 5-year expected lives and identical initial outlays of $110,000. All of these projects involve additions to Park's highly successful Avalon product line, and as a result, the required rate of return on all projects has been established at 10 percent. The expected free cash flows from each project are as follows: CASH FLOWS ($) I PROJECT A PROJECT D PROJECT C YEARS PROJECT B Initial outlay Inflow year 1 Inflow year 2 Inflow year 3 Inflow year 4 Inflow year 5 110,000 50,000 -110,000 -110,000 110,000 35,000 20,000 80,000 30,000 40,000 20,000 35,000 60,000 10,000 20,000 15,000 35,000 20,000 70,000 35,000 15,000 15,000 10,000 35,000 In evaluating these projects, please respond to the following questions: Source: Kenwn Martin Dathe Cei o