sion Soven Seved Following is information on two alternative Investments being considered by Jolee Company. The company requires a 12% return from its Investments Project A $(200,000) Initial Investment Expected net cash flows in: Year 1 Year 2 Year Year 4 Year 5 50,000 66,000 90,295 100,400 75,000 Project B $(145,000) 42,000 60,000 76,000 76,000 75,000 Compute the internal rate of return for each of the projects using excel functions. (Round your answers to 2 decimal places.) IRR % Project Project B