Part a)

Project A has cost $205K and project cash flows of $55K a year for 7 years. Project B has cost $300K and projected cash flow of $55 for 10 years.
Which project will you accept base on IRR if the required return is 14%
B
Both Projects
A
Neither, both has less IRR than 14%

Part b)

A company is considering an investment project that is expected to produce cash flow of $50,000 for each of the next 6 years. The firm has required return of 10%. The project
requires an initial investment of $150,000. The IRR is
15.68%
10%
24.29%
21.35%