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Piercy, LLC, has identified the following two mutually exclusive projects. Year Cash Flow (A) Cash Flow (B) 0 -$62,000 -$62,000 38,000 24,800 2 32,000 28,800

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Piercy, LLC, has identified the following two mutually exclusive projects. Year Cash Flow (A) Cash Flow (B) 0 -$62,000 -$62,000 38,000 24,800 2 32,000 28,800 3 22,000 34.000 4 14.400 24.800 1 0-1. What is the IRR for each of these projects? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g. 32.16.) 0-2. if you apply the IRR decision rule, which project should the company accept? b-1. Assume the required return is 13 percent What is the NPV for each of these projects? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b-2. Which project will you choose of you apply the NPV decision rule? c-1. Over what range of discount rates would you choose Project A? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) c-2. Over what range of discount rates would you choose Project B? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.... 32.16.) At what discount rate would you be indifferent between these two projects? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) d. a 1. Project A

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