8 1.27 points Hosier and Wogan (H&W) is a partnership that owns a small company. It is considering two alternative investment opportunities. The first investment opportunity will have a four-year useful life, will cost $9,822.91, and will generate expected cash inflows of $2,900 per year. The second investment is expected to have a useful life of four years, will cost $11.411.51, and will generate expected cash inflows of $3,600 per year. Assume that H&W has the funds available to accept only one of the opportunities. Required a. Calculate the internal rate of return of each investment opportunity. eBook References First investment Second investment Internal Rate of Return % 1%