Please show your work for each question.

Year Flow (Project S) Cash Flow (Project B) Cash 2 3 4 $43,000 23,000 17,900 2,400 9,400 $43,000 7,000 13,800 24,000 26,000 Rank the projects by IRR. Given IRR, which project should be accepted? If the required return is 11% (hurdle rate/cost of capital), rank the projects by NPV. What is the NPV of Project R? The NPV of Project S is: At what rate of return are we indifferent to the projects (this is the crossover rate)