1. (a): What is the net present value and IRR of a project with the following cash flows if the required rate of return is 9 percent? Year / Cash Flow 0 / -$124,000; 1 / $52,000; 2 / $53,000; 3 / $64,000. (b): Two mutually exclusive projects with following cash flows. Using NPV, IRR, which projects to accept if discount rate is 5 percent? What if discount rate is 10 percent? Year / Project A / Project B 0, -200000, -200000; 1, 100000, 0; 2, 100000, 0; 3, 100000, 300000. Thank you very much