You have 2 investment choices and a budget of only $50,000. Determine the NPV and IRR using the projected NET cash flows below. WACC 9% Choice 1 (expansion) Choice 2 (efficiency) Initial investment $50,000 $40,000 Yr. 1 15,000 12,000 Yr. 2 25,000 24,000 Yr. 3 20,000 12,000 Choice 1 (expansion) NPV and IRR is? (247), 9.26%, 50,247,9.26%, 247, 9.26% 5000, 10% Choice 2 (efficiency) using the same information above. What is the NPV and IRR. Using the projected NET cash flows below. WACC 9% 8000, 10% 476, 9.66% 2000, 9.66% 40,476, 9.66%