1. Which project to select? Consider two proposals for the same project (initial, which we saw in class) and the revised (which we also saw in the class). Calculate the NPV (at 7\%) and IRR for these projects. From above, we can interpret that the (initial/ revised) proposal has a higher NPV. From above, we can interpret that the (initial/ revised) proposal has a higher IRR. From above, which proposal has higher NPV per $ of investment? (initial/ revised). Consider the projects below, with cash flows as shown. Calculate the profitability index. From above, the most profitable project by NPV seems to be (1/2/3) From above, the most profitable project per dollar invested is (1/2/3)