Piercy, LLC, has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) -$62,000 -$62,000 38,000 24.800 32,000 28,800 22,000 34,000 4 14,400 24,800 WN - O 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 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.g., 32.16.) d. 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.) a-1. Project A Project B a-2. b-1. Project A Project B h-2 31.38% 28.37% (Project A $ 20,767.91 $ 21.275,54 Proiect 3 *, 31.38% a-1. Project A Project B a-2. 28.37 % Project A b-1. Project A Project B $ 20,767.91 $ 21,275.54 Project B b-2. C-1. % C-2. % d. % Above Below 31.38% a-1. Project A Project B a-2. 28.37% Project A $ 20,767.91 b-1. Project A Project B b-2. $ 21,275.54 Project B C-1. % C-2. % d. Discount rate %