ABC Company is considering two mutually exclusive projects. The cash flows of the projects are as follows:

$1500,000$

$2500,000$

$3,500,000$

$4500,000$

$5500,000$

$6500,000$

$7500,000,5,650,000$

Compute the NPV and IRR for the above two projects, assuming a $13\%$ required rate of return.

Discuss the ranking conflict.

What decision should be made regarding these two projects?