NPV

Your division is considering two investment projects, each of which requires an up$-$front expenditure of $$19$ million. You estimate that the investments will produce the following net cash flows:

Year Project A Project B

$1$ $ $5,000,000$ $$20,000,000$

$210,000,00010,000,000$

$320,000,0007,000,000$

What are the two projects' net present values, assuming the cost of capital is $5\%?$ Do not round intermediate calculations. Round your answers to the nearest dollar.

Project A: $

Project B: $

What are the two projects' net present values, assuming the cost of capital is $10\%?$ Do not round intermediate calculations. Round your answers to the nearest dollar.

Project A: $

Project B: $

What are the two projects' net present values, assuming the cost of capital is $15\%?$ Do not round intermediate calculations. Round your answers to the nearest dollar.

Project A: $

Project B: $

What are the two projects' IRRs at these same costs of capital? Do not round intermediate calculations. Round your answers to two decimal places.

Project A:

$\%$

Project B:

$\%$