#1. Two investments have the following pattern of expected returns: Investment A Year 1 2 3 4 4(sale) BTCF $6000 $10,000 $11,000 13,500 121,000 Investment B Year 1 2 3 4 4(sale) BTCF $2200 $4,000 $4,800 6,500 178,000 Investment A requires an outlay of $115,000 and Investment B requires an outlay of $125,000. a. What is the BTIRR on each investment? b. If the BTIRR is partitioned based on BTCF0 and BTCFs, what proportions of the BTIRR would be represented by each? c. What do these proportions mean? #2. Ken is considering two projects. He has estimated the IRR for each under three possible scenarios. He has also assigned probabilities of occurrence to each scenario