Cooper Electronics uses NPV profiles to visually evaluate competing projects. Key data for the two projects under consideration are given in the following table. Using these data, graph, on the same set of axes, the NPV profiles for each project using discount rates of 0%, 8%, and the IRR.

(Click on the icon located on the top-right corner of the data table below in order copy its contents into a spreadsheet.) Terra Firma Initial investment $27,000 $24,000 Year Operating cash inflows 1 $7,000 $6,000 2 $12,000 $6,000 $10,000 $9,000 4 $6,000 $10,000