You are analyzing the following two mutually exclusive projects and have developed the following information. Please calculate the IRRs for the two projects and the crossover rate. Which project should you accept if the cost of capital is 5%, and which project should you accept if the cost of capital is 10%?

PLEASE SHOW ALL WORK - NO USE OF EXCEL- USE FORMULAS

Year	Project A	Project B
0	-1100	-900
1	400	700
2	500	100
3	100	100
4	400	200

IRR A: ___________

IRR B: ___________

Crossover Rate: ____________

If WACC=5%, accept _______

If WACC=10%, accept _______