Calculate the internal rate of return (IRR) of each project and compare them against the book value and market value weighted average cost of capital.

Stockholders' Equity \begin{tabular}{l|r|r|r|} \hline Misc. Stocks Options Warrants & $296,000 & $122,000 & $140,000 \\ \hline Common Stock (450,000 shares) & $18,901,000 & $16,033,000 & $15,300,000 \\ Retained Earnings & $41,257,000 & $39,895,960 & $38,611,000 \\ \hline Treasury Stock & ######### & ($23,781,000) & ######### \\ \hline Other Stockholder Equity & ($8,429,000) & ($7,724,000) & ($6,776,000) \\ \hline Total Stockholder Equity & $26,003,000 & $24,545,960 & $25,353,000 \\ \hline Total Lib. and Equity & $86,054,000 & $81,465,360 & $83,577,200 \\ \hline \end{tabular} Stockholders' Equity \begin{tabular}{l|r|r|r|} \hline Misc. Stocks Options Warrants & $296,000 & $122,000 & $140,000 \\ \hline Common Stock (450,000 shares) & $18,901,000 & $16,033,000 & $15,300,000 \\ Retained Earnings & $41,257,000 & $39,895,960 & $38,611,000 \\ \hline Treasury Stock & ######### & ($23,781,000) & ######### \\ \hline Other Stockholder Equity & ($8,429,000) & ($7,724,000) & ($6,776,000) \\ \hline Total Stockholder Equity & $26,003,000 & $24,545,960 & $25,353,000 \\ \hline Total Lib. and Equity & $86,054,000 & $81,465,360 & $83,577,200 \\ \hline \end{tabular}