Firm ABC. has developed a project which results in additional accounts receivable of $500,000, additional inventory of $210,000, and additional accounts payable of $220,000. What is the additional investment in net working capital?

Given the data below:

Discount rate 10%
	A	B
Year	Cash Flows	Cash Flows
0	-50,000	-50,000
1	20,000	0
2	20,000	0
3	20,000	20,000
4	20,000	50,000
5	20,000	20,000

What is the IRR of each project?

		Project A has an IRR of 28.68% and project B has an IRR of 16.73%
		Project A has an IRR of 28.68% and project B has an IRR of 15.97%
		Project A has an IRR of 21.75% and project B has an IRR of 16.73%
		Unable to calculate with given data.