company is considering which of two r finance director thinks that the project with the hgn e with the ame in chosen whereas the managing direct return (IRR) should be undertaken especi length of life. The company anticipates a cost of capa flows of the project are as follows: vO mutually exclusive proje should undertake. The project with the higher net present her Internaay ano ector thinks that the one gner net present value (NPV) should dE of Cially as both project have the s tax cash ital of 10% and the net after Year Project Y| N$| Project XX N$ 200 000 35 000 80 000 90 000 75 000 20 000 418 000 e OO D 10 000 10 000 4 000 3 000 -200 000 5 Marks REQUIRED: 7 3.1. Calculate the NPV and IRR of each project. 5.2 Recommend with reasons which project you would undertake 3.3. Xplain the inconsistency in ranking of the two projects in view or the remarks of the directors.