Parkallen Inc. has identified the following two mutually exclusive projects:

Year Cash Flow $($A$)$ Cash Flow $($B$)$

$0$$ $32,675$$ $32,675$

$115,7555,700$

$213,77011,200$

$310,67016,600$

$46,57018,480$

a$-1.$ What is the IRR for each of these projects? $($Do not round intermediate calculations. Round the final answers to $2$ decimal places.$)$

IRR

Project A

$\%$

Project B

$\%$

a$-2.$ Using the IRR decision rule, which project should the company accept?

multiple choice $1$

Project A

Project B

a$-3.$ Is this decision necessarily correct?

multiple choice $2$

Yes

No

b$-1.$ If the required return is $11\%,$ what is the NPV for each of these projects? $($Do not round intermediate calculations. Round the final answers to $2$ decimal places. Omit $ sign in your response.$)$

NPV

Project A $

Project B $

b$-2.$ Which project will the company choose if it applies the NPV decision rule?

multiple choice $3$

Project A

Project B

c$.$ At what discount rate would the company be indifferent between these two projects? $($Do not round intermediate calculations. Round the final answer to $2$ decimal places.$)$

Discount rate

$\%$