Phoenix Company is considering investments in projects Cl and C2. Both require an intralinvestment or $246,000 and would yield the following annual net cash fiows. (PV of S1, EV of S1. PVA of S1. and EVA of S1) (Use opproprlate foctor(s) from the tables provided.) 0. The company requires a 10% return from its investments Compute net present values using factors from Table B1 in Appendix B to determine which projects, if ary, should be accepted b. Using the answer from part a, is the internal rate of return higher or lower than 10% for (i) Project Cl and (i) Project CZ? Hint it is not necessary to compute lRR 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 8.1 in Appendix B to determine which prolects, if any, should be accepted. (Negative net present values should be indicated with a minus sign. Round your present value factor to 4 decimals. Round your answers to the nearest whole dollar) Complete this question by entering your answers in the tabs below. Using the answer from part a, is the internal rate of return higher or lower than 10% for (i) Project Cl and (ii) Project C2? Hint: It is not necessary to compute IRR to answer this