problem: Two mutually exclusive investment projects have the following estimated cash flows:
Year

A

B

0

$ 20,000

$ 20,000

1

10,000

0

2

10,000

0

3

10,000

0

4

10,000

60,000

[A] find out the internal rate of return for each project.
[B] find out the net present value for each project if the firm has a 10% cost of capital.
[C] Determine and describe which project should be adopted?