Piercy, LLC, has identified the following two mutually exclusive projects:YearCash Flow (A)Cash Flow (B)0$51,000$51,000127,00014,900221,00018,900316,50023,000412,20025,900a-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 10 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 decima