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The following table shows the cash flows for two mutually exclusive capital budgeting projects. The required rate of return for both project is 1 5

The following table shows the cash flows for two mutually exclusive capital budgeting projects. The required rate of return for both project is 15 percent. (10 pts)
Year Project A Cash Flows Project B Cash Flows
0-$300,000-$500,000
1 $100,000 $200,000
2 $175,000 $250,000
3 $200,000 $300,000
Compute the internal rate of return for both projects

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