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Year 2 $24 Years 520 Year 4 $12 562 542 You are choosing between two projects. The cash flows for the projects are given in

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Year 2 $24 Years 520 Year 4 $12 562 542 You are choosing between two projects. The cash flows for the projects are given in the following table ($ million) Project Year Year 1 - 352 $27 - 5102 5.20 a. What are the IRRs of the two projects b. If your discount rate is 5.1%, what are the NPVs of the two projects c. Why do IRR and NPV rank the two projects different? a. What are the IRR of the two projecta? The IRR for project Ais % (Round to one decimal place.)

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