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please keep 4 decimal points [10] Each of the two projects costs $ 1200 and produces the cash flows as follows (Table 1). Table 1

image text in transcribedplease keep 4 decimal points

[10] Each of the two projects costs $ 1200 and produces the cash flows as follows (Table 1). Table 1 Project A Project B Year 1 Year 2 Year 3 Year 4 300 400 500 200 500 300 100 500 = (a) [5] Compute the net present values for the two projects if the interest rate is 1(1) 5% and choose the project. (b) [5] Compute the internal rate of return (IRR) for each project and choose the project

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