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Mahjong, Inc., has identified the following two mutuallyexclusive projects: YearCash Flow (A)Cash Flow (B)0–$36,300 –$36,300 118,600 6,400 214,100 12,900 311,600 19,400 48,600 23,400 Required:(a)What is the IRR for Project A?(Click toselect) 18.76% 19.16% 19.75% 20.34% 20.74% (b)What is the IRR for Project B?(Click toselect) 21.63% 19.98% 20.6% 21.22% 19.57% (c)If the required return is 11 percent, what is the NPV forProject A?(Click toselect) $6,228.97 $6,349.92 $5,866.11 $5,745.16 $6,047.54 (d)If the required return is 11 percent, what is the NPV forProject B?(Click toselect) $10,011.87 $9,058.35 $9,535.11 $9,821.16 $9,249.06 (e)At what discount rate would the company be indifferent betweenthese two projects?(Click toselect) 21.61% 22.07% 22.75% 23.89% 23.43%rev: 09_18_2012