Problem 9-12 NPV versus IRR [LO1, 5] Bruin, Inc., has identified the following two mutually exclusive projects: Year 0 1 Cash Flow (A) -$28,600 14.000 11,900 9,000 4.900 Cash Flow (B) -$28,600 4,100 9,600 14,800 16.400 -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.) Project A Project B 18.00% 17.001% 2-2 Using the IRR decision rule, which project should the company accept? Project A Project B 0-3 Is this decision necessarily correct? Yes No b-1 If 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, 0.9., 32.16.) Project A Project B a-2Using the IRR decision rule, which project should the company accept? Project A O Project B a-3 is this decision necessarily correct? Yes O NO b-1 If 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 decimal places, e.g., 32.16.) Project A Project B b-2Which project will the company choose if it applies the NPV decision rule? Project A Project B c At what discount rate would the company be indifferent between these two projects? (Do not round Intermediate calculations and enter your answer os o percent rounded to 2 decimal places, e.g. 32:16.) Discount rate