Here are the cash flows for two mutually exclusive projects: Project Co C C3 C1 +$17, 200 A -$ 43,100 +$17, 200 +$ 17,200 B - 43,100 0 0 + 53,700 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 % %