IRR Mutually exclusive projects Bell Manufacturing is attempting to choose the better of two mutually exclusive projects for expanding the firm's warehouse capacit following table: The firm's cost of capital is 15% a. Calculate the IRR for each of the projects. Assess the acceptability of each project on the basis of the IRRS. b. Which project is preferred? of project X is|%.

he better of two mutually exclusive projects for expanding the firm's warehouse capacity. The relevant cash flows for the projects a ect on the basis of the IRRs. Data Table ces.) (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet) Initial investment (CF) Year (1) 1 Project X Project Y $500,000 $330,000 Cash inflows (CF) $110,000 $120,000 $160,000 $140,000 $160,000 $115,000 $210,000 $70,000 $250.000 $50,000 2 3 4 5 Print Done