C3 Mr. Cyrus Clops, the president of Giant Enterprises, has to make a choice between two possible investments Project Co C1 C2 C4 IRR A -450 250 300 208 250 43% B -225 120 179 200 150 57% Mr. Clops is tempted to take B, which has the higher IRR. Show him how to adapt the IRR rule to choose the best project WIn this case project B has a higher IRR than project A. However, project B is half the size of project A. Mr. Clops can compute the incremental IRR (IRR). Mr. Clops should take project A when the discount rate is less thant the IRR= 7% Win this case project B has a higher IRR than project A. However, project B is half the size of project A. Mr. Clops can compute the incremental IRR (IRR). Mr. Clops should take project A when the discount rate is more thant the IIRR= 25.4% and less than 43% WIn this case project B has a higher IRR than project A. However, project B is half the size of project A. Mr. Clops can compute the incremental IRR (IRR). Mr. Clops should take project A when the discount rate is less thant the IRR= 25.4% Win this case project B has a higher IRR than project A. However, project B is half the size of project A. Mr. Clops can compute the incremental IRR (IIRR). Mr. Clops should take project A when the discount rate is more than the IRRE 25.4% and less than 57% Win this case project B has a higher IRR than project A. However, project B is half the size of project A. Mr. Clops can compute the incremental IRR (IRR). Mr. Clops should take project A when the discount rate is more thant the IRR= 7%, and less than 43%