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 $4\mathrm{.}9\%,$ 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.$)$You are choosing between two projects. The cash flows for the projects are given in the following table$($$ million$)$: LOADING....$($Click on the following icon $$ in order to copy its contents into a spreadsheet.$)$

a$.$ What are the IRRs of the two$$ projects?

b$.$ If your discount rate is $5\mathrm{.}1\%,$ what are the NPVs of the two$$ projects?

c$.$ Why do IRR and NPV rank the two projects$$ differently?

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Part $1$

a$.$ What are the IRRs of the two$$ projects?