onsider two mutually exclusive projects A and B:

Project Cash Flows $($dollars$)$ NPV at $11\%$

C$0$

C$1$

C$2$

A $35,00025,00025,000+$$ $7,813$

B $55,00038,00038,000+10,076$

Calculate IRRs for A and B$.$

Note: Do not round intermediate calculations. Enter your answers as a percent rounded to $2$ decimal places.

Which project does the IRR rule suggest is best?

multiple choice $1$

Project A

Project B

Which project is really best?

multiple choice $2$

Project A

Project B