Crowell Company is considering two capital investment. Both investments have an initial cost of $9,000,000 and total net cash inows of $17,000,000 over 10 years. Crowell requires a 15% rate of return on this type of investment, Expected net cash inows are as follows: Year Plan Alpha Plan Beta 1 1,700,000 1,700,000 2 1,700.000 2,400,000 3 1,700,000 3,100,000 4 1,700,000 2,400,000 5 1,700,000 1,700,000 6 1,700,000 1,600,000 7 1,700,000 1,300,000 3 1,700,000 1,000,000 9 1,700,000 700,000 10 1,700,000 1,100,000 17,000,000 17,000,000 Requirements l.Compute NW and IRR of the two plans. Which plan if any should the company pursue? 2. Explain the relationship between NP'r and IR. Based on this relationship and the company's required rate of return, are your answers as expected in requirement 1'? Why or why not? 3. After further negotiating the company can now invest with an initial cost of $8,100,00. Recalculate the NW and IRR. Which plan if any should the company pursue