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I NEED HELP WITH THIS QUESTION ***What is the IRR for each project? (Do not round intermediate calculations. Enter your answers as a percent rounded

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I NEED HELP WITH THIS QUESTION

***What is the IRR for each project? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)***

Consider the following two mutually exclusive projects Cash Flow Cash Flow Year 0 49,000 +344,000 51,000 71,000 71,000 446,000 24,600 22,600 20,100 15,200 2 3 4 Whichever project you choose, if any, you require a return of 15 percent on your investment. a-1 What is the payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Answer is complete and correct. Project A Project B 3.34 years 2.09 years

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