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PROJECT A PROJECT B Initial outlay -$110,000 -$110,000 Inflow year 1 20,000 40,000 Inflow year 2 30,000 40,000 Inflow year 3 40,000 40,000 Inflow year

PROJECT A PROJECT B

Initial outlay -$110,000 -$110,000

Inflow year 1 20,000 40,000

Inflow year 2 30,000 40,000

Inflow year 3 40,000 40,000

Inflow year 4 50,000 40,000

Inflow year 5 70,000 40,000

Determine the IRR for each project.

Project A:

Project B:

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