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Calculate the IRR and NPV for the following two investment opportunities. Assume a 16 percent discount rate for the NPV calculations: Year Project 1 Cash

  1. Calculate the IRR and NPV for the following two investment opportunities. Assume a 16 percent discount rate for the NPV calculations:

Year

Project 1 Cash Flow

Project 2 Cash Flow

0

-$10,000

-$10,000

1

1,000

1,000

2

2,000

12,000

3

12,000

1,800

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