Romboski, LLC , has identified the following two mutually exclusive projects:

year	Cash Flow(A)	Cash Flow(B)
0	-54,000	-54,000
1	30,000	17,600
2	24,000	21,600
3	18,000	26,000
4	12,800	25,600

1. WHat is the IRR for each project?

2. Over what range of discounts rates would you choose project A and project B?

3. At what discount rate would you be indifferent between these two projects?