eBook Project Alpha requires an outlay of $5,000 immediately. Project Alpha has a 1-year life and is expected to produce a net cash flow at the end of one year of $9,000. Project Beta, a mutually exclusive alternative to Alpha, requires an outlay of $15,000 immediately. It too is expected to have a 1-year life and to produce a net cash flow at the end of one year of $24,000. Compute the internal rate of return for both projects. Round your answers to the nearest whole number. IRR Alpha: % IRR Beta: % Compute the NPV for both projects, using a cost of capital of 11 percent. Use Table II to answer the questions. Round your answers to the nearest dollar. NPV Alpha: $ NPV Beta: $ Which project should be undertaken? -Select-