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Parkallen Inc. has identified the following two mutually exclusive projects: Year 1 2 3 Cash Flow (A) -$34, 250 16,340 14,400 11,300 7,200 Cash Flow

Parkallen Inc. has identified the following two mutually exclusive projects: Year 1 2 3 Cash Flow (A) -$34, 250 16,340 14,400 11,300 7,200 Cash Flow (B) -$34,250 6,300 11,800 17,200 19,200 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? O Project A Project B a-3. Is this decision necessarily correct? O Yes O 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

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