Michael Ltd had a cost of capital of 12%. It is considering two projects. Project Alpha generates an NPV of 50,000 and had an IRR of 11%. Project Beta generates 45,000 and has an IRR of 17%. What should the company do? Project Alpha Project Beta Michael Ltd had a cost of capital of 12%. It is considering two projects. Project Alpha generates an NPV of 50,000 and had an IRR of 11%. Project Beta generates 45,000 and has an IRR of 17%. What should the company do? Project Alpha Project Beta