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You've estimated the following cash flows (in $) for two mutually exclusive projects: Year Project A Project B 0 -5,200 -7,800 1 1,325 1,325 2

You've estimated the following cash flows (in $) for two mutually exclusive projects:

Year Project A Project B

0 -5,200 -7,800

1 1,325 1,325

2 2,148 2,148

3 3,655 . 7,335

The required return for both projects is 8%.

Part 1 What is the IRR for project A?

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