Garage, Inc., Has identified the following two mutuall exclusive projects:

Year Cash FLow (A) Cash Flow (B) 0 -29800 -29800 1 15200 4700 2 13100 10200 3 9600 16000 4 5500 17600 A-1 What is the IRR for each of these projects: Enter your answers as percent rounded to 2 decimals? Project A ____________% Project B __________ % A-2 Using the IRR decision rule, which project should the company accept? Project A or Project B? A-3 Is this deicsion necessarily correct? Yes or NO?

B-1 If the required return is 10 percent, what is the NPV for each of these projects? Round your ansswer to 2 decimal places. Project A $ Project B $ B-2 Which company will the project chose if it applies teh NPV decision rule? Project A or Project B C-1 At what discount rate would the comapny be indifferent between these two projects? Do not round intermediate calcuations. Enter your answer as a percent rouneded to 2 decimal places. Discount rate %______