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You are choosing between two projects. The cash flows for the projects are given in the following table ($ million): 5 a. What are the
You are choosing between two projects. The cash flows for the projects are given in the following table ($ million): 5 a. What are the IRRs of the two projects? b. If your discount rate is 4.5%, what are the NPVs of the two projects? c. Why do IRR and NPV rank the two projects differently? 0 Data Table X (Click on the following icon in order to copy its contents into a spreadsheet.) Project Year o Year 1 Year 2 Year 3 A - $51 $23 $22 $22 B - $100 $22 $42 $51 Year 4 $17 $60 Print Done
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