Answer Happy

Consider the following projects being considered by Stenback Products (Click the icon to view the projects.) (Click the icon to view Present Value of $1 table) Compute the IRR of each project, and use this information to identify the better investment The IRR for each project is Project A: 7-8% Project B 12-14% Project is the better investment (Click the icon to view Present Value of Ordinary Annuity of $1 table) More info Project A Costs $245,000 and offers seven annual net cash inflows of $57.000. Stenback Products requires an annual return of 14% on investments of this nature Project 8, Costs $370,000 and offers 9 annual net cash inflows of $70,000 Stenback Products demands an annual return of 12% on investments of this nature Print Done