Question: Can i get the solved by hand please. No excel 5) (30 points) Steven has $750,000 to invest and is considering the following two investment

Can i get the solved by hand please. No excel

5) (30 points) Steven has $750,000 to invest and is considering the following two investment opportunities. Project A requires an initial investment of $750,000 and promises to return a lump sum of $1,183,500 after 6 years. Project B requires an initial investment of $675,000 and is expected to return a lump sum of $1,071,000 after 6 years. If Steven's MARR is 7.5% per year compounded annually, which investment opportunity should he choose, if any? Solve using the internal rate of return (IRR) measure. You must find IRR to the nearest whole %

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