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Question 22 of 26 -/15 Current Attempt in Progress Management of Crane Automotive, a manufacturer of auto parts, is considering investing in two projects. The

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Question 22 of 26 -/15 Current Attempt in Progress Management of Crane Automotive, a manufacturer of auto parts, is considering investing in two projects. The company typically compares project returns to a cost of funds of 17.00 percent. Year Project 1 - $488,871 Project 2 - $507,031 0 1 322.000 127.750 2 111,000 165,170 128,500 220,700 277,050 4 136,000 Compute the IRRs based on the cash flows. Which project(s) will be accepted? (Round final answer to 2 decimal places, es 15.25%) The IRR of project is % and the project should be The IRR of project 2 is % and the project should be e Textbook and Media

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