(Answered) You have mutually exclusive projects and want to decide

Management Studies

You have mutually exclusive projects and want to decide based on IRR If you require 14%, which one you need to choose with given information and why? Show your work.

Project A costs $50,000 and returns $15,000 after-tax annually.

Project B costs $35,000 and returns $11,000 after-tax annually. Both projects have a 5-year life

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