You are deciding between two mutually exclusive investment opportunities. Both require the same initial investment of $9.9 million. Investment A will generate $1.83 million per year starting at the end of the first year in perpetuity Investment B will generate S1 43 million at the end of the first year, and its revenues will grow at 2 2% per year for every year after that. a. Which investment has the higher IRR? b. Which investment has the higher NPV when the cost of capital is 5.9%? c. In this case, when does picking the higher IRR give the correct answer as to which investment is the best opportunity