You are considering two mutually exclusive projects, A and B.

Project A costs $70,000 and generates cash flows of $10,000 for 10 years.

Project B costs $80,000 and generates cash flows of $2,000 for six years and then cash flows of $28,000 for four years.

Report rates in percentage form to two decimal places i.e. 10.03% not 10%

At what discount rate would make you indifferent between choosing one project or another?

What is the highest discount rate in which you can still produce a non-negative NPV for at least one project?