Cash Flows in $(000)

Project	Year 0	Year 1	Year 2	Year 3	Year 4	Year 5
Project C	-120	35	55	90	75	85
Project S	-120	82	75	65	45	30

Internal Rate of Return (IRR)

Project C IRRC = 40%

Project S IRRS = 50%

Net Present Value (NPV)

Project	NPV	Interest
Project C	$99.35	12.5%
Project S	$91.15	12.5%

What would be some implications for using internal rate of return (IRR) versus net present value (NPV) for deciding on whether to choose Project C or Project S?