round to 2 decimal places, need help on homework

Ucld u a negative NPV. Round the 1 $ 1,600,000 $ 1,600,000 i Requirements 1. Use Excel to compute the NPV and IRR of the two plans. Which plan, if any. should the company pursue? 2. Explain the relationship between NPV and IRR. Based on this relationship and the company's required rate of return, are your answers as expected in Requirement 1? Why or why not? 3. After further negotiating, the company can now invest with an initial cost of $9,500,000 for both plans. Recalculate the NPV and IRR. Which plan, if any should the company pursue? Print Done Clear All ave an initial cost of $10,000,000 and total net cash inflows of $16,000,000 over 10 years. Foreman requires a 10% rate 0 Data Table h plan, if any, should the Plan Beta for a negative NPV. Round the NPV cal Year 1 1,600,000 2,300,000 3,000,000 2,300,000 Plan Alpha $ 1,600,000 $ 1,600,000 1,600,000 1600,000 1,600,000 1,600,000 1,600,000 1,600,000 1,600,000 1,600,000 1,600,000 1,200,000 1,100,000 1,000,000 900,000 1,000,000 $ $ 16,000,000 $ 16,000,000 Total Print Done Foreman Company is considering two capital investments. Both investments have an initial cost of $10,000,000 and total net cash info are as follows: E: (Click the icon to view the expected net cash inflows.) Read the requirements. Requirement 1. Use Excel to compute the NPV and IRR of the two plans. Which plan, if any, should the company pursue? (Use parent two decimal places, X.XX%.) The NPV (net present value) of Plan Alpha is $ (168,693) The NPV (net present value) of Plan Beta is $ 649,303 The IRR (internal rate of return) of Plan Alpha is $ 9.6 %, The IRR (internal rate of return) of Plan Beta is $ 11.8% Enter any number in the edit fields and then click Check Answer. b 6 parts remaining Question Hell have an initial cost of $10,000,000 and total net cash inflows of $16,000,000 over 10 years. Foreman requires a 10% rate of return on this type of investment Expected net cash Which plan, if any, should the company pursue? (Use parentheses or a minus sign for a negative NPV. Round the NPV calculations to the nearest whole dollar and the IRR calculation - X Data Table Year Plan Alpha 1,600000 $ 1,500,000 1.600.000 1.800.000 1.600.000 1,600,000 1.600.000 1,600,000 1.800.000 N Plan Beta 1,600,000 2.300.000 3.000.000 2.300.000 1,600,000 1.200.000 1.100.000 1.000.000 900.000 30 o e here to search