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two mutually exclusive projects: Year 0 1 2 3 4 Cash Flow (A) -$29,300 14,700 12,600 9,350 5,250 Cash Flow (B) -$29,300 4,450 9,950 15,500

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two mutually exclusive projects: Year 0 1 2 3 4 Cash Flow (A) -$29,300 14,700 12,600 9,350 5,250 Cash Flow (B) -$29,300 4,450 9,950 15,500 17,100 e.g., 32.16.) Project A Project B b-2 Which project will the company choose if it applies the NPV decision rule? O Project A O Project B c. At what discount rate would the company be indifferent between these two projects? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) % Discount rate

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