please show the outline of using excel output to get the answers

C Problem 8-28 Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy/paste a formula across a row or down a column, an absolute cell reference or a mulued cell reference may be preferred. If a specific Excel function is to be used, the directions will specify the use of that function. Do nor type in numerical data into a cell or function. Instead, make a reference to the cell in which the data is found. Make your computations only in the blue cells highlighted below. In all cases, unless otherwise directed, use the axrliest appearance of the data in your formulas, usually the Given Data section You are choosing between two projects, but can only take one. The cash flows for the projects are given in the table below: .. What are the IRRs of the two projects? b. If your discount rate is 5%, what are the NPVs of the two projects? e Why do IRR and NPV rank the two projects differently? 1 2 3 4 Project A Project B S $ 0 -505 -1005 25 S 20 20 40 $ s 20 s 50 15 60 1. What are the IRRs of the two projects? TRR project A IRR project B b. If your discount rate is 5%, what are the NPVs of the two projects? Discount rate 5% NPV project A NPV project B The difference in the initial investment causes NPV and IRR to rank the projects differently, Is this statement True False! 1 Lequirements In cell DLS, by using cell references, calculate the IRR of project Alpt.) 2 In cell D16, by using cell references, calculate the IRR of project B (pl) 3 In cell D22, by using the NPV function and cell reference calculate the NPV of project Alpt.). 4 In cell D23, by using the NPV function and cell references, calculate the NPV of project B (pt). 5 In od G27, type True or False depending on whether the difference in the ranking of the two projects (ERR VS. NPV) is due to the difference in the initial investment (pt) 8-28 +