If Cat and Fiddle are mutually exclusive projects, which projects, if any, would be selected on the basis of the net present value metho

If Cat and Fiddle are independent projects, which projects, if any, would be selected on the basis of the internal rate of return method?

If Cat and Fiddle are mutually exclusive projects, which projects, if any, would be selected on the basis of the internal rate of return method?

Use the NPV profile to answer the following questions, assuming that the cost of capital for the firm is 14%. NPV profile 70,000 60,000 -- Cat 50,000 Fiddle 40,000 30,000 20,000 10,000 - 10,000 18 28 389 20.000 30.000