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Windsor Company is considering two capital expenditures. Relevant data for the projects are as follows: Project Initial investment A B $202,003 $306,910 Annual cash

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Windsor Company is considering two capital expenditures. Relevant data for the projects are as follows: Project Initial investment A B $202,003 $306,910 Annual cash inflow $41,080 $49,130 Life of project 6 years 9 years Salvage value $0 $0 Windsor Company uses the straight-line method to depreciate its assets. -/4 Calculate the internal rate of return for each project. (For calculation purposes, use 5 decimal places as displayed in the facto provided, e.g. 1.25125. Round answers to O decimal places, e.g. 15%.)

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