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Here are the cash flows for two mutually exclusive projects: Project C 0 C 1 C 2 C 3 A $ 22,200 +$ 9,768 +$
Here are the cash flows for two mutually exclusive projects:
| Project | C0 | C1 | C2 | C3 | |||||||||||
| A | $ | 22,200 | +$ | 9,768 | +$ | 9,768 | +$ | 9,768 | |||||||
| B | 22,200 | 0 | 0 | + | 29,970 | ||||||||||
What is the IRR of each project? (Round your answers to 2 decimal places.)
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