Q9. Calculate the NPV and IRR for the cash flows given below, using a required return of 11.75%. Which project is the better choice? Discuss whether the IRR is reliable in this situation. If a project has two IRRs calculate these. 5 Year Project A Project B 0 $(350,000) $(400,000) 1 $105,000 $110,000 2 $105,000 $110,000 3 $105,000 $110,000 4 $105,000 $110,000 5 $80,000 $90,000 6 $80,000 $90,000 7 $(50,000) $(50,000)