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Parkallen Inc. has identified the following two mutually exclusive projects: Year 0 1 2 3 4 Cash Flow (A) -$29,000 14,400 12,300 9,200 5,100 Project
Parkallen Inc. has identified the following two mutually exclusive projects: Year 0 1 2 3 4 Cash Flow (A) -$29,000 14,400 12,300 9,200 5,100 Project A Project B Cash Flow (B) -$29,000 a-1. What is the IRR for each of these projects? (Do not round intermediate calculations. Round the final answers to 2 decim places.) O Project A O Project B 4,300 9,800 15,200 16,800 O Yes O No IRR a-2. Using the IRR decision rule, which project should the company accept? % % a-3. Is this decision necessarily correct?
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