Discount Rate: NPV and IRR
Discount Rate: NPV and IRR
2. A company is evaluating between two mutually exclusive projects. The estimated cash flows are indicated below projects. The discount rate related to Project
A 12% and the discount rate related to Project B is 16%.
a. Assuming the company is trying to maximize NPV which project should it undertake?
b. Assume the company is trying to maximize the IRR, which project should it undertake?
Year Project A Project B
0 ($100,000) ($5,000)
1 $0 $1,500
2 $0 $1,500
3 $0 $1,500
4 $0 $1,500
5 $0 $1,500
6 $250,000 $3,000
Discount rate: 12% 16%
a) NPV: ________ _______
b) IRR: ________ _______
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