You are deciding behween two mutualy exdusive imvestment opportunities. Bothirequire the same intial investment of 595 million Imvestment A wil generate 51.91 million per year (starting at the end of the first year) in perpetulty lavestment B will generate 51.57milson at the end of the first year, and its revemues will grow at? 2% per year for every year after that a. Which investmont has the higher IRR? b. Which investrent has the higher NPV when the cost of capital is 58% ? c. In this case, when does plicking the higher IRR give the correct answer as to which inwestment is the best opportunify? a. Which investment has the higher IRR? The IRR of investment A is ie (Round to two docimal places.)