!!!Please show all works and specific explanations for each step!!!

ABC Company is considering two independent investments. The projects expected net cash flows are as follows:

Year	Expected Net Cash Flows
	Project A	Project B
0	-$1,300	-$405
1	$300	$135
2	$200	$135
3	$100	$135
4	$600	$135
5	$600	$135
6	$850	$135
7	$180	$135

Assume the required rate of return is 10%.

1. Sketch the NPV profile for both projects in one graph. At least 5 different coordinates should be plotted on the x and y axis.

2. Now, assume that the required rate of return is 15%. Which project would you choose if you apply the IRR method? Which project would you choose if you apply the NPV method? Is there any ranking conflict? Explain why. Do not calculate the NPV or IRR.

3. Now, assume that the required rate of return is 25%. Which project would you choose if you apply the IRR method?