Compute the sum of the two IRRs

4. The following cash-flow pattern has two IRRs. Use Excel to draw a graph of the NPV of these cash flows as a function of the discount rate. Then use the IRR function to identify the two IRRs. Would you invest in this project if the opportunity cost were 20%? 4 5 6 7 8 9 10 A Year 0 1 2 3 4 5 B Cash flow -500 600 300 300 200 -1,000