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Here are the cash flows for two mutually exclusive projects: Project A B -$ 24,800 - 24,800 C +$ 9,850 C2 +$9,850 C3 +$ 9,850

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Here are the cash flows for two mutually exclusive projects: Project A B -$ 24,800 - 24,800 C +$ 9,850 C2 +$9,850 C3 +$ 9,850 + 31,200 a. Given the following interest rates (0%, 2%, 4%, 6%, 8%, 10%, 12%, 14%, 16%, 18%, 20%), above what interest rates would you prefer project A to B? Interest rates above % b. What is the IRR of each project? (Round your answers to 2 decimal places.) Project A Project B IRR % % Meyt

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