Which investment has the higher IRR? . In this case, when does picking the higher IRR give the correct answer as to which investment is the best opportunity? Which investment has the higher IRR? The IRR of investment A is 20%. (Round to two decimal places.) The IRR of investment B is 17%. (Round to two decimal places.) Based on the IRR, you would pick investment (Select from the drop-down menu.) Which investment has the higher NPV when the cost of capital is 7.0%? f the cost of capital is 7.0%, the NPV of investment A is $ million. (Round to two decimal places.)