Veima and Keota (V&K) is a partnership that owns a small company. It is considering two alternative investment opportunities. The first Investment opportunity will have a three-year useful life, will cost $7,84701, and will generate expected cash inflows of $3,100 per year. The second Investment is expected to have a useful life of four years, will cost $11,541.93, and will generate expected cash inflows of $3,800 per year . Assume thot V&K has the funds available to accept only one of the opportunities. IPV of $1 and PVA of S1) (Use appropriate factor(s) from the tables provided) Required a. Calculate the internet rate of return of each investment opportunity. (Do not round intermediate calculations.) b. Based on the internal rates of return, which opportunity should V&K select? Internal Rate of Return a First investment Second investment V&K should select the