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Your division is considering two projects with the following cash flows (in millions): Project A Project B ProjectA:ProjectB:$$millionmillion Project A: $ million Project B: $

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Your division is considering two projects with the following cash flows (in millions): Project A Project B ProjectA:ProjectB:$$millionmillion Project A: \$ million Project B: \$ million Project A: \$ million Project B: $ million b. What are the projects' IRRs assuming the WACC is 5% ? Do not round intermediate calculations. Round your answer to two decimal places. Project A: Project B : What are the projects' IRRs assuming the WACC is 10% ? Do not round intermediate calculations. Round your answer to two decimal places. Project A: % Project B: What are the projects' IRRs assuming the WACC is 15% ? Do not round intermediate calculations. Round your answer to two decimal places. Project A: Project B : c. If the WACC was 5% and A and B were mutually exclusive, which project would you choose? (Hint: The crossover rate is 1.66%.) If the WACC was 10% and A and B were mutually exclusive, which project would you choose? (Hint: The crossover rate is 1.66%.) If the WACC was 15% and A and B were mutually exclusive, which project would you choose? (Hint: The crossover rate is 1.66%.)

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