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

	A	B	C
1	Year	Project A	Project B
2	0	-74	-257
3	1	15	50
4	2	21	73
5	3	29	82
6	4	29	116

The required return is 7% for both projects.

Part 1

What is the IRR for project A? (3+ decimals)

Part 2

What is the IRR for project B? (3+ decimals)

Part 3

What is the NPV of project A? (2+ decimals)

Part 4

What is the NPV of project B?

Part 5

If the projects are mutually exclusive, which project should you choose?

Project B, based on the NPV

Project B, based on the IRR

Project A, based on the NPV

Project A, based on the IRR