(Solved): Consider the following projects being considered by Rouse Products: (Click the icon to view the pr ...

Consider the following projects being considered by Rouse Products: (Click the icon to view the projects.) (Click the icon to view Present Value of \( \$ 1 \) table.) (Click the icon to view Present Value of Ordinary Annuity 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: Project \( B \) : More info - Project A: Costs \( \$ 260,000 \) and offers seven annual net cash inflows of \( \$ 53,000 \). Rouse Products requires an annual return of \( 16 \% \) on investments of this nature. - Project B: Costs \( \$ 380,000 \) and offers 10 annual net cash inflows of \( \$ 78,000 \). Rouse Products demands an annual return of \( 14 \% \) on investments of this nature.