Question: NPV and IRR. Reece Company is presented with the following two mutually LO 4 exclusive projects. The required return for both projects is 15 percent.
![1212_Project N.png](https://secure.tutorsglobe.com/CMSImages/1212_Project N.png)
a. What is the IRR for each project?
b. What is the NPV for each project?
c. Which, if either, of the projects should the company accept?