Garage, Inc., has identified the following two mutually exclusive projects Year Cash Flow (A) Cash Flow (B) - 28,400 - 28,400 4,000 9,500 14,600 16,200 13,800 11,700 8,900 4,800 2 4 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 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 0 b-1 If the required return is 12 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