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Zinc Solution Co . is considering two mutually exclusive projects, A and B . Project A costs $ 9 5 , 0 0 0 and

Zinc Solution Co.is considering two mutually exclusive projects, A and B. Project A costs $95,000 and is expected to generate $65,000 in year one and $65,000 in year two. Project B costs $120,000 and is expected to generate $64,000 in year one, $65,000 in year two, $56,000 in year three, and $40,000 in year four. Zinc Solution's required rate of return for these projects is 10%.
a. What is the internal rate of return of the project B?
b. What is the modified internal rate of return for Project A?
c. Calculate the net present value of both projects? Which one(s) should be accepted?

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