1. You are evaluating a project with an initial cost of $250,000 and generates earnings of 57,000 each month for the next 7 years. What is the IRR at an annual rate? a. 2425 b. 5.18 c.22.14% d. 29.115 2. You are evaluating a project with an initial cost of $300,000 and generates earnings of $50,000 each year over the next 5 years. If the discount rate is 6%, what is the NPV of the project? a. -572,489.12 b. -589,381.81 C.-598,631.35 d. -$112,493.78 narines of $40,000 each