13 14 15 PROBLEM 16 Better Health, Iac. Is evaluating we investment projects, each of which requires prat expedie 17 or 81.5 million. The projects are expected to produce the following set cases 18 19 Year Project Project B 20 0 $2.500.000 $2.500.000 21 1 S600,000 $3,000,000 22 2 $1,000,000 $1,200,000 23 3 $3,000,000 S800,000 24 25. What is each project's IRR? 26 27 Project A: 28 Project B: 29 30 31 b. What is each project's NPV if the cost of capital is 7 percent? 15 percent? 20 percent? 32 33 34 Problem 1 - 3 Problem 4 Extra Credit +