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Use the information in the table below to answer questions 23 to 25. Assume r = 10%. Year 0 1 2 3 Project A Cash

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Use the information in the table below to answer questions 23 to 25. Assume r = 10%. Year 0 1 2 3 Project A Cash flow -2000 500 900 1400 Project B Cash Flow -10000 4000 4000 5000 23) Project A's NPV is $ Assume Project A and Project B are mutually exclusive for Questions 24 and 25. 24) The incremental cash flow in year two of accepting Project B instead of Project A is $ % (show at least 4 25) The IRR of accepting Project B instead of Project A is decimal places (e.g., 10.1234%)

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