roblem 3 Marim bas to decide between three mutualy exclusive projects: A, or B. Both projects require the same initial investments 14 million and generate different cash flows as follow: Project (A) generates 2.8 million per year in a perpetuity . Project (B) generates 1.9 million in perpetuity growing at 2.2% (forever) a) IF Maram is using the IRR to make her final decision, calculate the IRR of each of the following project b) Calculate the crossover rate (If existing) Solution