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Facebook is considering two proposals to overhaul its network infrastructure. They have received two bids. The first bid from Huawei will require a $ 20$20

Facebook is considering two proposals to overhaul its network infrastructure. They have received two bids. The first bid from Huawei will require a $ 20$20 million upfront investment and will generate $ 20$20 million in savings for FacebookFacebook each year for the next 33 years. The second bid from Cisco requires a $ 91$91 million upfront investment and will generate $ 60$60 million in savings each year for the next 33 years.\ a. What is the IRR for FacebookFacebook associated with each bid?\

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