IRR-Mutually exclusive projects Bell Manufacturing is attempting to choose the better of too muually exclusive projects for expanding the firm's warehouse capacity. The relevant cash flows for the projects are shown in the following table. The firm's cost of capital is 13% a. Calculate the IRR for each of the projects. Assess the acceptability of each project on the basis of the Rs. b. Which project is preferred? a. The Internal taste of return (IRR) of project X in % (Round to two decimal places) is project X acceptable on the basis of IRR? (Select the best answer below) O No Data Table Yes The Internal rate of retum (RR) of project Yis [x Round to two decimal places.) is project acceptable on the basis of IRR? (Select the best answer below) O No Yes Click on the loon here in order to copy the contents of the datatable below into a spreadsheet) Project X Project Y Initial investment (CF) 5500.000 $350.000 Cash inflows (CF) 1 $110,000 $150,000 2 $140.000 $140,000 3 $140,000 $105.000 4 $190,000 $50,000 5 $230,000 570.000 Year in b. Which project is preferred? Select the best answer below.) O A. Neither OS Project OC. Project Print Done