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Here are the cash flows for two mutually exclusive projects: Project co C3 A $ 44,300 C1 +$ 17,650 0 +$17,650 +$ 17,650 +55,200 B

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Here are the cash flows for two mutually exclusive projects: Project co C3 A $ 44,300 C1 +$ 17,650 0 +$17,650 +$ 17,650 +55,200 B - 44,300 0 a. Given the following interest rates (0%, 2%, 4%, 6%, 8%, 10%, 12%, 14%, 16%, 18%, 20%), above what interest rates would you prefer project A to B? Interest rates above % b. What is the IRR of each project? (Round your answers to 2 decimal places.) Project A % Project B % IRR

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