Assignment:
Consider following cash flows for two mutually exclusive projects: A and B. Based on IRR criterion which you choose if MARR = 20%?
| Years |
Project A |
Project B |
| 0 |
-$10,000 |
-$26,000 |
| 1 |
$9,000 |
17000 |
| 2 |
$8,000 |
23000 |
| IRR |
45.12% |
32.27% |
Provide complete and step by step solution for the question and show calculations and use formulas.