Use the following information to answer the next three questions.

Consider the cash flows from two mutually exclusive projects:

	Cash Flow
Year	Project A	Project B
0	-$420,000	-$420,000
1	$140,000	$400,000
2	$230,000	$110,000
3	$331,000	$140,000

The appropriate discount rate is 8.5%.

Question 27 3 pts

Calculate the net present value (NPV) for both projects, and determine which project should be accepted based on NPV. Round both NPVs to the nearest dollar.

Question 28 3 pts

Calculate the internal rate of return (IRR) for both projects, and determine which project should be accepted based on IRR.

Question 29 4 pts

Calculate the net present value (NPV) for both projects using the crossover rate as your discount rate. Round both NPVs to the nearest dollar.