2. NPV IRR Exercise A company has projected costs for two separate projects. However due to a limitation on available capital, the company can only pursue one project at this time. The company will make the decision based on net present value and internal rate of return Project A: An initial cost of $98,000 would yield after-tax cash flows of $16,000 the first year, $18,000 the second year, $21,000 the third year, $23,000 the fourth year, $27,000 the fifth year, and S33,000 the sixth year. Your firm's cost of capital is 9.00% Project B: An initial cost of $78,000 would yield after-tax cash flows of S12,000 the first year, $14,000 the second year, $19,000 the third year, $20,000 the fourth year, $23,000 the fifth year, and $29,000 the sixth year. Your firm's cost of capital is 9.00% Compute the NPV and the IRR for each project. If there are sufficient funds, which project should the company pursue