What is each project IRR

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EXPECTED NET CASH FLOWS:

Year Project A Project Project B

0 )−$400 −$650

1 )−528 210

2 )−219 210

3) −150 210

4) 1,100 210

5 ) 820 210

6) 990 210

7) −325 210

A) What is each project’s IRR?

B) If each project’s cost of capital were 10%, which project, if either, should be selected? If the cost of capital were 17%, what would be the proper choice?

Reference no: EM131346851

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