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You are choosing between two projects. The cash flows for the projects are given in the following table (S million): Project Year 0 - $50

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You are choosing between two projects. The cash flows for the projects are given in the following table (S million): Project Year 0 - $50 - $102 Year 1 $25 $22 Year 2 $19 $42 Year 3 $21 $51 Year 4 $13 $61 a. What are the IRRs of the two projects? b. If your discount rate is 5.4%, what are the NPVs of the two projects? c. Why do IRR and NPV rank the two projects differently? a. What are the IRR The IRR for project A is | %. (Round to one decimal place.) The IRR for project B is L196. b. If your discount rate is 5.4%, what are the NPVs of the two projects? If your discount rate is 5.4%, the NPV for project A is $1 million. (Round to two decimal places.) If your discount rate is 5.4%, the NPV for project B is $1 million. (Round to two decimal places.) s of the two projects? (Round to one decimal place.)

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