2 6. Colusa Regional Medical Center expects Alpha Project and Beta Project to generate the following: Alpha Project (in 'ooos) Givens Years o 1 3 4 5 1 Initial ($30,000) investment 2 Net operating ($20,000) $8,000 $17,000 $25,000 $26,000 cash flows Beta Project (in 'ooos) Givens Years o 2 3 4 5 1 Initial ($20,000) investment 2 Net operating $5,000 $5,000 $5,000 $5,000 $5,000 cash flows a. Determine the payback for both projects. b. Determine the IRR. e. Determine the NPV at a cost of capital of 20 percent. 1