Integrathe: Coeflicting Rankings The High-Flying Growth Company (pIFGC) hos boen expanding very rapidy in recent years, making iss shanenelders fich in the proceve. The everage antual production eipaoly, and the secend preject involves introducing one of the frm's products into a new market. Cash flows from each project appear in the folowing table. a. Calcuate the NPV for both projects. Fank the projects based on their NPVs b. Coiculale the IRR for both projects. Rnnk the projects bosed on their PRRs. c. Calculate the Pifor boh projects. Ranik the projects bated on ther Pla d. The trm ean undertake only ane invectment. What do you think the frm should do? a. The NPV of the plant eupshsion propect is 1 (Round to the nearest dolar) The NPV of the protuct introduction propect is 1 (Round to the nearest sollat) Acoording to the NPV methos, which projpet chould the frem chope? (Select the best arwmer below) Product introduction Plant expansion b. The IRR of ire plact emarivion pryject in Round to two decimw places? The inf of tie product intiosuction pryjed is (ic (Reurs lo mo decamal places) b. The IRR of the plant expansion project is \%. (Round to two decimal places.) The IRR of the product introduction project is \%. (Round to two decimal places.) According to the IRR method, which project should the firm choose? (Select the best answer below.) Plant expansion Product introduction c. The Pl of the plant expansion project is (Round to two decimal places.) The Pl of the product introduction project is (Round to two decimal ptaces.) Aocording to the PI method, which project should the firm choose? (Select the best answer berow.) c. The PI of the plant expansion project is (Round to two decimal places.) The Pl of the product introduction project is (Round to two decimal places.) According to the PI method, which project should the firm choose? (Select the best answer below.) Plant expansion Product introduction d. If the firm can only afford to undertake one of these investments, which project should the firm choose? (Select the best answer below.) Piant expansion Product introduction Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.)