a. According to the IRR method, which project should be chosen? b. What is the major disadvantage of the IRR method that occurs when high IRR projects are selected? c. Can you think of another disadvantage of the IRR method? (Hint: Look over the four alternatives and compare the sizes of the projects. Ask yourself whether you would prefer to make a large percent return on a small amount of money or a small percent gain on a large amount of money.) d. If Kay had not put a limit on the size of the