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You are choosing between two projects. The cash flows for the projects are given in the following table ( $ million ) : a .

You are choosing between two projects. The cash flows for the projects are given in the following table ( $ million):
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 differently?
a. What are the IRRs of the two projects?
The IRR for project A is
%.(Round to two decimal places.)
Data table
(Click on the following icon in order to copy its contents into a spreadsheet)
\table[[Project,Year 0,Year 1,Year 2,Year 3,Year 4],[A,-$50,$25,$18,$20,$17
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