Calculate the precise irr for both projects

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Table Z Project A Project B
Initial Investment $50,000 $55,000
Year Operating Cash Inflows Operating Cash inflows
1 $15,000 $30,000
2 15,000 25,000
3 15,000 10,000
4 15,000 5,000
5 15,000 5,000
Average $15,000

$15,000

Calculate the precise IRR for both projects. Please show all the calculations . Cost of the capital at 12%.

Reference no: EM132023077

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