What is the internal rate of return for each project?

. If you base your decision on the IRR, which will you choose?

Walk me through this problem step by step or write the formula with the numbers filled in so I can practice.

Use the following information to answer questions 8, 9, and 10. Consider the two mutually exclusive projects Year Cash Flow Project A Cash Flow Project B 0 -$25.000 -$25.000 4.000 8.000 2 5.000 7.000 3 5.000 5.000 7.000 5.000 5 10.000 4.000 9a. What is the internal rate of return for each project? 9b. If you base your decision on the IRR, which will you choose