(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 Ais 1% (Round to two decimal places) The IRR of Project Bis % (Round to two decimal places) The IRR of Project is 1% (Round to two decimal places) b. If the discount rate for all three projects is 16% which project or projects would you want to undertake? (Select the best choice below) O A. Project A, Project B, and Project C OB. None of the projects C Project A and Project B OD. Project A and Project C c. The net present value of Project A where the appropriate discount rate is 16% is $ (Round to the nearest dollar) The net present value of Project 3 where the appropriate discount rate is 16% $ (Round to the nearest dollar) The net present value of Project C where the appropriate discount rate is 16% is $(Round to the nearest dollar) Data Table Year (Initial investment) Year 1 Year 2 Year 3 Year 4 Year 5 Project A $(55.000) $12.000 18.000 23.000 28 000 32.000 Project B $(110,000) $30,000 30.000 30.000 30.000 30.000 Project C ${440,000) $210.000 210.000 210 000