5. 6. 7. Your division is considering two investment projects, each of which requires an up-front expenditure of $23 million. You estimate that the investments will produce the following net cash flows: Year Project A Project B 1 $ 5,000,000 $20,000,000 10,000,000 10,000,000 20,000,000 6,000,000 2 3 a. What are the two projects' net present values, assuming the cost of capital is 5%? Do not round intermediate calculations. Round your answers to the nearest dollar. Project A: $ Project B: $ 6539037 What are the two projects' net present values, assuming the cost of capital is 10%? Do not round intermediate calculations. Round your answers to the nearest dollar. Project A: $ Project B: $ 2695545 3177034 What are the two projects' net present values, assuming the cost of tapital is 15%? Do not round intermediate calculations. Round your answers to the nearest dollar. Project A: $ 316561 Project B: $ 232119 b. What are the two projects' IRRS at these same costs of capital? Do not round intermediate calculations. Round your answers to two decimal places. Project A: 7.49 %