NPV and IRR Analysis

Cummings Products Company is considering two mutually exclusive investments whose expected net cash flows are as follows:

b$.$ What is each project's IRR? Do not round intermediate calculations. Round your answers to two decimal places.

Project A:

$3\%$

Project B:

$\%$

Project A: $

Project B: $

Which project, if either, should be selected?

should be selected.

Project A: $

Project B: $

What would be the proper choice?

is the proper choice.

Round your answers to two decimal places.

Project A:

$\%$

Project B:

$\%$

Round your answers to two decimal places.

Project A:

$\%$

Project B:

$\%$

e$.$ What is the crossover rate? Do not round intermediate calculations. Round your answer to two decimal places.

$\%$

What is its significance?