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Year 2 You are choosing between two projects. The cash flows for the projects are given in the following table (5 milion) Project Year Year

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Year 2 You are choosing between two projects. The cash flows for the projects are given in the following table (5 milion) Project Year Year 1 - 552 3 - 5100 20 What are the IRR of the two projects b. your countries 52% what are the NPV of the two projects? c. Why do IRR and NPV rank the two projects differently? Year 3 322 565 Year 4 513 559 5.40

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