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Piercy, LLC, has identified the following two mutually exclusive projects: Year O O-NM Cash Flow (A) Cash Flow (B) $ 77,500 $ 77,500 43,000 21,500

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Piercy, LLC, has identified the following two mutually exclusive projects: Year O O-NM Cash Flow (A) Cash Flow (B) $ 77,500 $ 77,500 43,000 21,500 29,000 28,000 23,000 34,000 21,000 41,000 a-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.) a-2.If you apply the IRR decision rule, which project should the company accept? b-1. Assume the required return is 11 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.) 2 Which project will you choose if you apply the NPV decision rule? a-1. Project A Project B a-2. Project acceptance b-1. Project A Project B b-2. Project acceptance 21.50 % 19.58% Project A 15,426.24 16,463.27 Project | $ $ 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.g., 32.16.) C-3.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.) Project A Project B Indifferent interest rate 'Above Below an interest rate of an interest rate of

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