NPV and IRR analysis of projects$$Thomas Company is considering two mutually exclusive projects. The$$ firm, which has a cost of capital of $11\%,$ has estimated its cash flows as shown in the following$$ table: LOADING....

Initial investment $100,000108,000$

Year Cash inflows

$130,00060,000$

$225,00040,000$

$330,00035,000$

$440,00020,000$

$550,00015,000$

a$.$Calculate the NPV of each$$ project, and assess its acceptability.

b$.$Calculate the IRR for each$$ project, and assess its acceptability.