Projects type cost of capital Time Independent 11% Cash Flow Project 1 Project 2 0 -$40.00 -$45.00 1 $240.00 $25.00 2 -$250.00 $25.00 3 $0.00 $25.00 4 $45.00 a. What are the projects' NPVs? Projects NPVs b. What are the projects' IRR? Projects IRR c. What is your investment project recommendation? Explain. I recommend ... d. Using the chart shown, describe your decisions for different values of cost of capital. There are several distinct regions, you don't have to give precise values of their borders (can say "around 8%," for example)