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Mahjong, Inc., has identified the following two mutually exclusive projects: Cash Flow (A) $38,000 19,100 14,600 12,100 9,100 Year Cash Flow (B) $38,000 5,900 12,400

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Mahjong, Inc., has identified the following two mutually exclusive projects: Cash Flow (A) $38,000 19,100 14,600 12,100 9,100 Year Cash Flow (B) $38,000 5,900 12,400 18,900 22,900 2 3 4 Required: (a) What is the IRR for Project A? (Click to select) (b) What is the IRR for Project B? (Click to select) (c) If the required return is 10 percent, what is the NPV for Project A? (Click to select) (d) If the required return is 10 percent, what is the NPV for Project B? (Click to select) (e) At what discount rate would the company be indifferent between these two projects? (Click to select)

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