1.Petrus has an opportunity to make two investments, but he can only afford to make one of them. Each one costs CHF 25,000,000. The first investment can be sold in 14 years for CHF 98,500,000 and has no periodic cash flow. The second investment has a CHF 200,000 per month cash flow for 6 years followed by a cash flow of CHF 400,000 per month for 8 years. The second investment has no resale value. Which investment is better, from the standpoint of IRR?