Phoenix Company is considering investments in projects C1 and C2 Both require an initial investment of $258,000 and would yield the following annual net cash flows. (PV of S1. FV of S1. PVA of \$1. and FVA of \$1) (Use opproprlate factor(s) from the tables provided.) 0. The company requires o 10% return from its investments. Compute net present values using factors from Table B.1 in Appendix B to determine which projects, if any, should be accepted. b. Using the answer from part a. is the internal rate of retum higher or lower than 10% for (i) Project Cl and (ii) Project CZ? Hint: It is not necessary to compute iRR to answer this question. Complete this question by entering your answers in the tabs below. The company requires a 10% return from its investments, Compute net present values using factors from Table a. 1 in Appendix B to determine which projects, if any, should be accepted. (Negative het presertif valises should be indicated with a minus sign. Round your present value factor to 4 decimals. Round your antwers to ene nesrest whole dollar) Phoenix Company is considering investments in projects Cl and C2. Both require an initial investment of $258.000 and would yield the following annual net cash flows. (PV of \$1, FV of \$1. PVA of \$1, and EVA of \$1) (Use opproprlate factor(s) from the tables provided.) 0. The company requires a 109 return from its investments. Compute net present values using factors from Table B.1 in Appendix B to determine which projects. If any, should be accepted. inecessary to compute fRR to answer this question. Complete this question by entering your answers in the tabs below. C2? Hint it is not necessary to compute IRR to answer this