1 Star Excel Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy/paste a formula across a rower dows colum, an absolute cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used the directions will specify the use of that function. De not type in numerical data inte a cell or function. Instead, make a reference to the cell in which the data is found. Make your computations only in the green cells highlighted below. In all cases, unless otherwise directed, use the earliest appearance of the data in your formulas wally the Givca Data section. The cash flows for three independent projects are as follows 2 In cell D17, by using cell references and the Excel ERR function, calculate the IRR value for project A. Copy the formula from cell D17 acto columns Ed F Given Data: (initial investment) 1 2 3 4 Project A (550,000.00) $10,000.00 SI5.000,00 $20,000.00 $25,000.00 $30,000.00 Project B ($100,000.00) $25,000.00 $25,000.00 $25,000.00 $25,000.00 $25,000.00 Note: Do not enter any value for the sessment of the Excel TRR function (pl.) 3 Is cells 023-F23, interpret the IRR values and In cell D29, by using relative and absolute cell 5 In cell 34, by using relative and absolute cell 6 Save the workbook. Close the workbook and then exit Project $450.000,00) $200,000.00 $200,000.00 5200,000.00 $0.00 $0.00 3. Calculate the IRR for each of the projects Project A Project B Project C IRR h. If the discount rate for all three projects is 10 percent, which project or projects would you want to undertake? Project A Project B Project Decision . What is the NPV of each of the projects where the appropriate discount rate is 10 percent? 20 percent? Discount rate 10% Project A Project B Project NPV Discount rate 20% Project A Project B Project NPV