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Use the following after-tax cash flows for project A and B to answer the next question: (Numbers in parentheses are negative cash flows) These two

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Use the following after-tax cash flows for project A and B to answer the next question: (Numbers in parentheses are negative cash flows) These two projects are mutually exclusive. Year Cash Flow of A Cash Flow of B 0 ($6000) ($600) 1 $1000 $300 2 $1000 $300 3 $1000 ($100) 4 $1000 $400 5 $5000 ($100) What is the approximate IRR of project A if the required rate of return is 9%? O 13.77% O 15.09% O 12.84% O 14.34% o 11.35%

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