(Related to Checkpoint 11.1 and Checkpoint 11.4) (IRR and NPV calculation) The cash flows for three independent projects are found below:- a. Calculate the IRR for each of the projects. b. If the discount rate for all three projects is 16 percent, which project or projects would you want to undertake? c. What is the net present value of each of the projects where the appropriate discount rate is 16 percent? a. The IRR of Project A is %. (Round to two decimal places.) Data table Project A $(55,000) $9,000 14,000 19,000 24,000 31,000 Year 0 (Initial investment) Year 1 Year 2 Year 3 Year 4 Year 5 Print Project B $(105,000) $28,000 28,000 28,000 28,000 28,000 Done Project C $(460,000) $210,000 210,000 210,000 X