Suppose the following two investment options are available: (1) you can invest $2 today and receive $3 tomorrow or (2) you can invest $1,000 today and receive $1,100 tomorrow. If you can fully invest $1,000 of investment capital in units of either investment option, what are the maximum achievable NPV and IRR?

answer choices

$500 and 50%

$1,100 and 10%

$100 and 10%

$3 and 50%