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Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return from its investments Project A $(178, eee)

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Following is information on two alternative investments being considered by Jolee Company. The company requires a 10% return from its investments Project A $(178, eee) Projects $(123,000) Initial investment Expected net cash flows in: Year 2 Year 2 Year Year 4 Year 5 44, see 60,500 84,795 54,900 69, see 36,500 54,500 70, 500 78,5ee 28,50e Compute the internal rate of return for each of the projects using excel functions. (Round your answers to 2 decimal places.) IRR 96 Project A Project B 96

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