You are deciding between two mutually exclusive investment opportunities. Boet roquire the same initial investment of $10.3 milion. Investrent A will generate $2.17 milion per year (xtarting at the end of the first year) in perpetuity. Investment B will generate $1.44 milion at the end of the frst year, and its revenves will grow at 2.4% per year for every year after that. a. Which investment has the higher IRR? b. Which irvestment has the higher NPV when the cost of capial is 6.5% ? c. In this case, when does picking the higher IRR give the correct answer as to which investment is the best opportungy? a. Which investment has the Higher IRR? The IRR of investment A is 4. (Round to two decimal placess)