4. Hoff Investors is considering two different investment opportunities in local car dealerships. The financial considerations are outlined below for each opportunity. Hoff Investors desire to make a minimum return of ( 14 % ) on any investment opportunities. Leavitts BMW Dealershin: Fetersons rord Dealership: Requirements: (20 pts) 1, Calculate the Payback period for each investment opportunity. 2. Calculate the NPV for each investment opportunity. 3. Calculate the IRR for each investment opportunity. 4. Which dealership would you recommend that Hoff invest in and why?

Loavifs' BMFV Dealevahis Peurvaris rord Dealership: Requirements: (20 pts) 1. Calculate the Payback period for each investment opportunity. 2. Calculate the NPV for each investment opportunity. 3. Calculate the IRR for each investment opportunity. 4. Which dealership would you recommend that Hoff invest in and why ? Loavifs' BMFV Dealevahis Peurvaris rord Dealership: Requirements: (20 pts) 1. Calculate the Payback period for each investment opportunity. 2. Calculate the NPV for each investment opportunity. 3. Calculate the IRR for each investment opportunity. 4. Which dealership would you recommend that Hoff invest in and why