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Garage, Inc., has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 $ 29,300 $ 29,300 1 14,700 4,450
Garage, Inc., has identified the following two mutually exclusive projects: |
Year | Cash Flow (A) | Cash Flow (B) | |||||
0 | $ | 29,300 | $ | 29,300 | |||
1 | 14,700 | 4,450 | |||||
2 | 12,600 | 9,950 | |||||
3 | 9,350 | 15,500 | |||||
4 | 5,250 | 17,100 | |||||
a-1 | What is the IRR for each of these projects? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16. |
IRR | ||
Project A | % | |
Project B | % | |
b-1 | If the required return is 11 percent, what is the NPV for each of these projects? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) |
NPV | ||
Project A | $ | |
Project B | $ | |
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