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Note: The IRRs for this question will require Excel (or a financial calculator). What is the internal rate of return of project A ? %

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Note: The IRRs for this question will require Excel (or a financial calculator). What is the internal rate of return of project A ? % What is the internal rate of return of project B? % Which project would you choose based on the IRR rule? (No answer given) Project A Project B For which discount rate should the firm be indifferent between the 2 projects? %. Based on this information, which project would you choose if the applicable discount rate was 10.53% ? (No answer given) Project B

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