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Problem 9-12 NPV versus IRR (L01,5) Parkallen Inc. has identified the following two mutually exclusive projects: a-1. What is the IRR for each of these

image text in transcribed Problem 9-12 NPV versus IRR (L01,5) Parkallen Inc. has identified the following two mutually exclusive projects: a-1. What is the IRR for each of these projects? (Do not round intermediate calculations. Round the final answers to 2 decimal places.) a-2. Using the IRR decision rule, which project should the company accept? Project A Project B a-3. Is this decision necessarily correct? Yes No

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