(Related to Checkpoint 11.1 and Checkpoint 11.4) (RR 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 28 percent, which project or projects would you want to undertake? What is the net present value of each of the projects where the appropriate discount rate is 28 percent? Data table a. The IRR of Project A is % (Round to two decimal places) Year 0 (Initial investment) Year 1 Project A S(45,000) Project B 1/110.000) Project C $400,000) $13,000 $29,000 $210.000 Year 2 18.000 29,000 210,000 Year 3 23,000 29.000 210,000 Year 4 20,000 29 000 Year 5 31,000 25.000