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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. Years 0 1 2 4 5 Project 1 -120 35 35 35 35 Project 2 -165 46 46 46 46 46 C 3 35

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