You are deciding between two mutually exclusive investment opportunities. Both require the same initial investment of $10.2 million Investment A will generate $1.93 million per year (starting at the end of the first year) in perpetuity Investment 3 will generate $1.47 million at the end of the first year, and its revenues will grow at 2.79 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 7.8% c. In this case, when doos picking the higher IRR give the correct answer as to which investment is the best opportunity? a. The IRR of investment Ais 18.92 % (Round to two decimal places) The IRR of investment B is (Round to two decimal places.)