Garage, Inc., has identified the following two mutually exclusive projects: Year 1 2 3 4 Cash Flow Cash Flow (A) (B) -$28,900 $28,900 14,300 4,250 12,200 9,750 9,150 15,100 5,050 16,700 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 17.4 18.4 % a-2 Using the IRR decision rule, which project should the company accept? Project A Project B a-3 Is this decision necessarily correct? Yes No b-1 If the required return is 10 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.) Project A Project B NPV $ 4506.24 $ 5772.47 b-2Which project will the company choose if it applies the NPV decision rule? Project A Project B C. At what discount rate would the company be indifferent between these two projects? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Discount rate 17.5 %