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You are the financial manager of Gear Assemblers (Pty) Ltd. You need to evaluate...
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You are the financial manager of Gear Assemblers (Pty) Ltd. You need to evaluate two mutually exclusive projects with the following cash flows: Year Project A (CFs in Rands) Project B (CFs in Rands) 0 -250 000 -130 000 1 35 500 30 000 2 35 000 42 500 3 18 500 39 000 4 450 000 160 500 The applicable discount rate for both these two projects is 15%. The IRR of Project B is ______
100%
0%
0%
0%
0%