Year Project 1 4 $150 $59 $80 Project 2 -827 7.008 -6,497 Project 3 21 40 60 78 -244 a. For which of these projects is the IRR rule reliable? b. Estimate the IRR for each project (to the nearest 1%) c. What is the NPV of each project if the cost of capital is 5%? 20 % ? 50%? a. For which of these projects is the IRR rule reliable? (Select from the drop-down menus) The IRR rule is reliable for Unless all of the b. Estimate the IRR for each The IRR for project 1 is The IRR for project 2 is% project (to the nearest 1%). (Round to the nearest integer) (Round to the nearest integer) The IRR for project 3 is%. (Round to the nearest integer) e. What is the NPV of each project if the cost of capital is 5% 7 20%? 50%7 The NPV for project 1 for a cost of capital of 5% is 5 (Round to the nearest cent) The NPV for project 1 for a cost of capital of 20% is $(Round to the nearest cent) The NPV for project 1 for a cost of capital of 50% is $(Round to the nearest cont) The NPV for project 2 for a cost of capital of 5% is (Round to the nearest cont.) The NPV for project 2 for a cost of capital of 20% is (Round to the nearest cent) The NPV for project 2 for a cost of capital of 50% is (Round to the nearest cent) The NPV for project 3 for a cost of capital of 5% is 5 (Round to the nearest cont) The NEV for project 3 for a cost of capital of 20% io 3 (Round to the nearest cent) The NPV for project 3 for a cost of capital of 50% is 5 (Round to the nearest cent) 0 $20 0 $42 0 cash flows of the project precode the et into a spreadsheet) ones, the IRR nile may give the wrong answer and should not be used