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Use the following information: Project A: -$50, -$25, $15, $30, $80 in years 0, 1, 2, 3, 4 Project B: -$100, $0, $0, $40, $140

Use the following information:

Project A: -$50, -$25, $15, $30, $80 in years 0, 1, 2, 3, 4

Project B: -$100, $0, $0, $40, $140 in years 0, 1, 2, 3, 4

Cost of Capital: 10%

13. Suppose now the two projects are contingent. What is the joint IRR?

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