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*Park Avenue Players has forecast the following two mutually exclusive projects below. What is the Internal Rate of Return (IRR) for each of these

*Park Avenue Players has forecast the following two mutually exclusive projects below. What is the Internal Rate of Return (IRR) for each of these projects? Using only the IRR Decision Rule, which project should the company accept? Year Cash Flow (Y) Cash Flow (Z) 0 -$42,400 -$42,400 1 18,100 8,650 2 16,950 13,800 3 14,200 17,350 4 9,250 23,300

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