Layas, LLC$,$ has Ident$$tied the tollowing two mutually exclus$$ve projects:

a$.$ What is the IRR for each of these projects? $($Do not round intermediate calculations and enter your answers as a percent rounded

to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

If you apply the IRR decision rule, which project should the company accept?

b$.$ Assume the required return is $11$ percent. What is the NPV for each of these projects? $($Do not round intermediate calculations and

round your answers to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Which project will you choose if you apply the NPV decision rule?

c$.$ Over what range of discount rates would you choose Project A$?($Do not round intermediate calculations and enter your answer as

a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Project A

$\%$

Over what range of discount rates would you choose Project B$?($Do not round intermediate calculations and enter your answer as a

percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

Project B

At what discount rate would you be indifferent between these two projects? $($Do not round intermediate calculations and enter your

answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$