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9. Your renowned company wants to invest in a PSL team for the next 5 years. Lahore Qalandars requires an investment of Rs. 650,000/- and

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9. Your renowned company wants to invest in a PSL team for the next 5 years. Lahore Qalandars requires an investment of Rs. 650,000/- and forecast that they will return a steady revenue of Rs. 200,000/- for 5 years. The second option is sponsoring Karachi Kings who believe that they only require an investment of Rs. 400,000/- and will return Rs. 125,000/- in year 1 with these cash flows growing at 10% each year for 5 years. Assume the relevant discount rate to be 12% a. Calculate the IRR for LQ and KK Enter the answer up to two decimal places followed by a % sign i.e. "11.16%", "12.10%", etc. b. Calculate the NPV for LQ and KK (Enter your answer without the currency units or commas rounded to the nearest whole number)

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