(20 pts) Your company is considering two mutually exclusive projects. Project A requires an initial investment of $5k and will provide a net benefit of $1.75k/year for 4 years. Project B requires an initial investment of $9.2k and will provide at net benefit of $1.85k/year for 8 years. The projects are repeatable. The MARR for your company is 7%. a. Use a common lifetime of 8 years and complete the table (where there are "?") to give the incremental cash flow (B-A) b. Calculate NPW for the incremental project C. Calculate IRR for the incremental project (choose either 5% or 9%) d. Develop a recommendation and justify your case. If you need to calulate IRR for A, choose between If you calculate IRR for Project A, choose between 5% and 15% (whichever is closer). If you need to calculate IRR for Project B, choose between 5% and 12% (whichever is closer). A -5000 1750 1750 1750 B-A -4100 100 100 100 Year 0 1 2 3 4 5 6 7 8 B -9100 1850 1850 1850 1850 1850 1850 1850 1850 ? ? ? ? ? ? ? ? ? (20 pts) Your company is considering two mutually exclusive projects. Project A requires an initial investment of $5k and will provide a net benefit of $1.75k/year for 4 years. Project B requires an initial investment of $9.2k and will provide at net benefit of $1.85k/year for 8 years. The projects are repeatable. The MARR for your company is 7%. a. Use a common lifetime of 8 years and complete the table (where there are "?") to give the incremental cash flow (B-A) b. Calculate NPW for the incremental project C. Calculate IRR for the incremental project (choose either 5% or 9%) d. Develop a recommendation and justify your case. If you need to calulate IRR for A, choose between If you calculate IRR for Project A, choose between 5% and 15% (whichever is closer). If you need to calculate IRR for Project B, choose between 5% and 12% (whichever is closer). A -5000 1750 1750 1750 B-A -4100 100 100 100 Year 0 1 2 3 4 5 6 7 8 B -9100 1850 1850 1850 1850 1850 1850 1850 1850