NPV versus IRR: Bruin, Inc., has identified the following two mutually exclusive projects (see cash flows below). A) What is the IRR for each of these projects? Using the IRR decision rule, which project should the company accept? Is this decision necessarily correct? B) If the requried return is 11%, what is the NPV for each of these projects? Which project will the company choose if it applies the NPV decision rule? year cash flow (A) $ cash flow (B) $ 0 (37,500.00 $ (37,500.00) $ 1 17,300.00 $ 5,700.00 $ 2 16,200.00 $ 12,900.00 $ 3 13,800.00 $ 16,300.00 $ 4 7,600.00 27,500.00