IRR: Mutually exclusive projects 'Nile Inc. wants to choose the better of two mutualy exclusive projects that expand warehouse capacity. The projects' cash flows are shown in the following table: The cost of capital is 17%. a. Calculate the IRR for each of the projects Assess the acceptablity of each project on the basis of the IRRs. b. Which project is preterred? Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)