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Garage, Inc. has identified the following 2 mutually exclusive projects: Year Cash Flow A Cash Flow B 0 - $28,000 - $28,000 1 13,400 3,800

Garage, Inc. has identified the following 2 mutually exclusive projects:

Year Cash Flow A Cash Flow B
0 - $28,000 - $28,000
1 13,400 3,800
2 11,300 9,300
3 8,700 14,200
4 4,600

15,800

a. what is the IRR for each of these projects?

b. if the required return rate is 10%, what is the NPV for each of these projects

c. at what discount rate would the compamy be indifferent between these 2 projects?

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