Exerclse 10-10A (Algo) Using the Internal rate of return to compare Investment opportunities LO 103 Velma and Keota (V\&K) is a partnership that is considering two alternative investment opportunitles. The first investment opportunity will have a three-year useful life. Will cost $11,022.13, and will generate expected cash inflows of $4.200 per year. The second investment is expected to have a useful iffe of four years, will cost $7.284.28, and will generate expected cash inflows of $2.500 per year. Assume that V\&K has the funds avalable to accept only one of the opportunimes. (PV of $1 and PVA of $1 ) Note: Use appropriate factor(s) from the tables provided. Required a. Calculate the internal rate of return of each tnvestment opportunity, Note: Do not round intermediate calculations. b. Based on the internal rates of return, which opportunity should V\&K select