Investments Quick and Slow cost $$1,000$ each, are mutually exclusive, and have the following cash flows. The firm's cost of capital is $12$ percent.

a$.$ According to the net present value method of capital budgeting, which investment$($s$)$ should the firm make? Use Appendix B and Appendix D to answer the

question. Use a minus sign to enter negative values, if any. Round your answers to the nearest cent.

NPV $($Investment Quick$)$: $

NPV $($Investment Slow$)$: $

The firm should make investment$($s$)$ quick, slow or quick and slow $($choose one.$)$

b$.$ According to the internal rate of return method of capital budgeting, which investment$($s$)$ should the firm make?

Use Appendix D to answer the question. Round

your answers to the nearest whole number.

IRR $($Investment Quick$)$: $\%$

IRR $($Investment Slow$)$: $,\%$

The firm should make investment$($s$)$ quick, slow or quick and slow $($choose one.$)$

c$.$ If $Q$ is chosen, the $$1,300$ can be reinvested and earn $14$ percent. Does this information alter your conclusions concerning investing in $Q$ and $S?$ To answer,

assume that S$\text{'}$s cash flows can be reinvested at its internal rate of return. Use the rounded internal rate of return from part b$.$ Use Appendix A and Appendix C to

answer the question. Round your answers to the nearest cent.

Terminal value $($Investment Quick$)$: $

Terminal value $($Investment Slow$)$: $

The firm should make investment$($s$)$ quick, slow or quick and slow $($choose one.$)$

Would your answer be different if S$\text{'}$s cash flows were reinvested at the cost of capital $(12$ percent$)?$ Use Appendix C to answer the question. Round your answer

to the nearest cent.

Terminal value $($Investment Slow$)$: $

The firm should make investment$($s$)$ quick, slow or quick and slow $($choose one$)?$