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begin{tabular}{lccc} Year & Investment in Crop & begin{tabular}{l} Investment in Livestock end{tabular} & begin{tabular}{l} Investment in Stock end{tabular} Initial investment & $300,000
\begin{tabular}{lccc} Year & Investment in Crop & \begin{tabular}{l} Investment in \\ Livestock \end{tabular} & \begin{tabular}{l} Investment in \\ Stock \end{tabular} \\ Initial investment & $300,000 & $400,000 & $200,000 \\ 1 & 95,000 & 55,000 & 75,000 \\ 2 & 95,000 & 80,000 & 70,000 \\ 3 & 95,000 & 135,000 & 60,000 \\ 4 & 95,000 & 150,000 & 50,000 \\ 5 & 95,000 & 175,000 & 35,000 \end{tabular} 3. Compute the Net Present Value (NPV) when discount rate is 10% for all investments alternatives. Which project should you choose and why? 4. Calculate the IRR of these three investments and draw a conclusion based on your results
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