IRR-Mutually exclusive projects Bell Manufacturing is attempting to choose the better of two mutually exclusive projects for expanding the frm's warehoese capacity The relevant cash flowa for the projects are shown in the following table: The firm's cost of capial is 14%. 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? Data table (Csick on the icon here 5 in order to copy the contents of the data table below into a spreadshect) NPV and IRR Benson Designs has prepared the following estimates for a long-term project it b considering. The initial investrinent is $21,170, and the project is expected to yield after-tax cash intlows of $4,000 per year for 8 years. The firm has a cost of capital of 11% a. Dotermine the net present value (NPV) for the project. b. Determine the internal rate of rotum (iRR) tor the project c. Would you recommend that the firm accept or reject the project