Problem 10.32 a-b Management of Cullumber Measures, Inc., is evaluating two independent projects. The company uses a 11.30 percent discount rate for such projects. The costs and cash flows for the projects are shown in the following table. Project 1 Year Project 2 $8,285,775 $12,661,917 3,203,590 2,181,330 1 3,904,490 2 1,935,890 3 1,400,100 3,142,780 1,182,200 4,408,600 1,142,280 4,340,480 5 1,533,040 6 1,495,290 7 a. What are the IRRS for the projects? (Round final answer to 2 decimal places, e.g. 15.25%.) The IRR of Project 1 is %, and the IRR of Project 2 is %. b. Does the IRR criterion indicate a different decision than the NPV criterion? Yes u would like to Show Work for this question: Open Show Work No