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Use the table for the question(s) below. Consider the following two projects with cash flows in $: Project Alpha Beta Year 0 Year 1 Year

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Use the table for the question(s) below. Consider the following two projects with cash flows in $: Project Alpha Beta Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 C/F C/F C/F C/F C/F C/F C/F C/F -79 20 25 30 35 40 N/A N/A -80 25 25 25 25 25 25 Discount Rate 1596 1696 25 Which of the following statements is correct? You should invest in project Beta since IRRBeta > 0. You should invest in project Alpha since IRRAlpha > IRRBeta. You should invest in project Alpha since NPVAlpha NPVAlpha

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