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Mahjong, Inc., has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) -$36,500 -$36,500 18,820 6,400 14,320 12,900 11,820 19,400

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Mahjong, Inc., has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) -$36,500 -$36,500 18,820 6,400 14,320 12,900 11,820 19,400 8,820 23,400 WNO 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 13 percent, what is the NPV for Project A? (Click to select) (d) If the required return is 13 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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