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Q2:- . Mahjong, Inc., has identified the following two mutually exclusive projects: + Year. Cash Flow (A). Cash Flow (B).. 0. -$44.000 -$44,000. 1 22,800

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Q2:- . Mahjong, Inc., has identified the following two mutually exclusive projects: + Year. Cash Flow (A). Cash Flow (B).. 0. -$44.000 -$44,000. 1 22,800 7,700 2. 17,700 14,500 3. 13,900 23,700 4. 10,300 26,100 a. . What is the IRR for these project? Using the IRR decision rule, which project should the company accept? Is this decision necessarily correct? b. If the required-return-is 11%, what is the NPV for each of these projects? Which project will the company choose-if it applies the NPV decision rule?. C. -- Over-what-range of discount rates would the company choose project-A? Project B? At what discount rate would the company be indifferent between these two projects? Explain

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