The following dashboard shows Information on two alternative Investment projects a company is considering. Each project has a four- year life. The company requires an 8% rate of return on its Investments. Note: Use appropriate factor(s) from the tables provided. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Annual net cash flows $25,000 Project 1 Initial investment $80,993 Annual net cash flows $20,000 Project 2 Initial investment $69,302 $0 $20,000 Enter answers for each of the following tabs. Required 1 Required 2 Required 3 What is the internal rate of return for Project 1? What is the internal rate of return for Project 1? $40,000 % $60,000 $80,000 The following dashboard shows information on two alternative Investment projects a company is considering. Each project has a four- year life. The company requires an 8% rate of return on its investments. Note: Use appropriate factor(s) from the tables provided. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Annual net cash flows $25,000 Project 1 Initial investment $80,993 Annual net cash flows $20,000 Project 2 $0 $20,000 Enter answers for each of the following tabs. Required 1 Required Required 3 What is the internal rate of return for Project 2? What is the internal rate of return for Project 2? Initial investment $69,302 < Required 1 $40,000 % Required 3> $60,000 $80,000 The following dashboard shows Information on two alternative Investment projects a company is considering. Each project has a four- year life. The company requires an 8% rate of return on its Investments. Note: Use appropriate factor(s) from the tables provided. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Annual net cash flows $25,000 Project 1 Initial investment $80,993 Annual net cash flows $20,000 Project 2 Initial investment $69,302 $0 $20,000 Enter answers for each of the following tabs. Required 1 Required 2 Required 3 $40,000 Which project(s) should the company invest in, on the basis of internal rate of return? Which project(s) should the company invest in, on the basis of internal rate of return? < Required 2 Required 3 $60,000 $80,000