Management of Amberson, Inc., is evaluating two independent projects. The company uses a 13.59 percent discount rate for such projects. The costs and cash flows for the projects are shown in the following table.

Year		Project 1			Project 2
0		- $8,673,316			- $11,484,098
1		3,483,290			2,073,230
2		1,880,290			3,877,590
3		1,279,200			3,112,080
4		1,115,000			3,808,600
5		1,195,780			4,932,880
6		1,565,640
7		1,406,590

1) What are the IRRs for the projects? (Round final answer to 2 decimal places, e.g. 15.25%.)

The IRR of Project 1 is _____% and the IRR of Project 2 is _____%.

2) Does the IRR criterion indicate a different decision than the NPV criterion? (Yes or No)