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03) 20 pts Consider cash flows for two business opportunities as in the table below. Find IRRs of the projects and the NPVs at 6%

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03) 20 pts Consider cash flows for two business opportunities as in the table below. Find IRRs of the projects and the NPVs at 6% annual interest rate Based on your IRR and NPV calculations, which alternative is better? Explain with a couple of sentences. 0 -120 -165 Project 1 Project 2 Years 2 35 46 1 35 46 3 35 46 4 35 46 5 35 46

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