Hewitt company is considering two capital investments. Both investments have an initial cost of $9,000,000 and total net cash inflows of $17,000,000 over 10 years. Hewitt requires a 16% rate of return on this type of investment. Expected net cash inflows are as follows:

Please use the first picture to do all of the requirements based off of the data and information. The second picture shows data as well.

orkld 4843016688iquestionld-18flushed-falekcld-5024287Bicenterwin-yes ork 3 of 3 (1 complete) Requirements 1. Use Excel to compute the NPV and IRR of the two plans. Which plan, if any. should the company pursue? 2. Explain the relationship between NPV and IRR Based on this relationship and the company's required rate of return, are your answers as expected in Requirement 17 Why or why not 3. After further negotiating, the company can now invest with an initial cost of $7,800,000 for both plans Recalculate the NPV and IRR. Which plan, if any, should the company pursue? Print Done