Consider the two following mutually exclusive proiects (R and rr. (a) Assuming an opportunity cost of capital of 10%, what is the Net PPresent Value (NPV) of each project? Which project would you accept? (7 marks) (b) What is the Internal Rate of Return (IRR) of each project? Which project would you choose if the hurdle rate was equal to the opportunity cost of capital (10%) ? Use a graph to support you answer. ( 9 marks) (c) Discuss the limits of the IRR method when compared to the NPV technique. . .... (9 marks)