Figure 1: NPV Profile 1 100,000 $120,000 72,880 24 50,267 29 32.151 $100,000 17,793 6724 -1469 $80,000 yo -7148 P -10.632 -12,201 $60,000 -12,100 11% -10,547 NPV 2 -7732 $40,000 -3823 1030 6698 $20,000 IRR = 5.79% 13.065 20,030 27.502 $0 35,403 5% 10% 15% 20% 25% 30% 43,063 53.219 -$20,000 2 61,010 70,014 79,161 Capital Cost of IRR 13.80% Discount Rate NPV Figure 2: NPV Profile 2 IRR for A19.43% $160.00 $140.00 $120.00 $100.00 IRR for B 22.17% Crossover Point = 11.8% $80.00 $60.00 $40.00 $20.00 $0.00 ($20.00) 0.05 0.1 0.15 0.2 0.25 0.3 ($40.00) Discount Rate A B