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4. Hoff Investors is considering two different investment opportunities in local car dealerships. The financial considerations are outined below for each opportunity. Hoff Investors desire

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4. Hoff Investors is considering two different investment opportunities in local car dealerships. The financial considerations are outined below for each opportunity. Hoff Investors desire to make a minimum return of 14% on any investment opportunities. Petersons Ford Dealership: Calculate the Payback period for each investment opportunity. Calculate the NPV for each investment opportunity. Calculate the IRR for each investment opportunity. Which dealership would you recommend that Hoff invest in and why

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