c. Consider the two investments below. The cash flows as well as the NPV and IRR for the two investments are given. For both investments, the required rate of return is 10%. Cash Flows Year Investment 1 Investment 2 0 -100 1 36 0 2 36 0 -50 3 36 0 100 4 36 d. XXX is concerned that the following investment has multiple IRRs. Year 0 12 3 Cash flows 175 -100 What discount rate would result in the same NPV for both investments? 0 NPV 14.12 What discount rates produce a zero NPV for this investment? 19.53 -50 IRR (%) 16.37 15.02