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I just need c gave the other info in case you needed it !!!!!! Garage, Inc., has identified the following two mutually exclusive projects: Year

I just need c gave the other info in case you needed it !!!!!!

Garage, Inc., has identified the following two mutually exclusive projects:

Year Cash Flow (A) Cash Flow (B) 0 $ 28,900 $ 28,900 1 14,300 4,250 2 12,200 9,750 3 9,150 15,100 4 5,050 16,700

a. What is the IRR for each of these projects?

IRR

Project A % 18.4

Project B % 17.4

b. If the required return is 10 percent, what is the NPV for each of these projects? () NPV Project A $ Project B $ b-2 Which project will the company choose if it applies the NPV decision rule?

Project A 4,506.24

Project B 5,772.47

c. At what discount rate would the company be indifferent between these two projects?

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