1a.

1b.

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Consider the following timeline detailing a stream of cash flows: Date If the current market rate of interest is 10%, then the present value of this stream of cash flows is closest to: A. $600. B. $674. C. $460. D. $287. Use the table for the question(s) below. Consider the following two projects: Assume that projects Alpha and Beta are mutually exclusive. Which of the following statements is true regarding the investment decision tools' suitability for deciding between projects Alpha \& Beta? A. The incremental IRR should not be used since the projects have different cash flow patterns. B. The incremental IRR should not be used since the projects have different discount rates. C. The incremental IRR should not be used since the projects have different lives. D. Both the NPV and incremental IRR approaches are appropriate to solve this