Management is evaluating two mutually exclusive projects, Thing 1 and Thing 2, with the following cash flows: 8. End of Year Cash Flows Year Thing 1 Thing 2 $10,000 3,293 3,293 3,293 3,293 -$10,000 14,641 a. Ifthe required rate of return on both projects is 5%, which project, ifeither, b. Ifthe required rate of return on both C. If the required rate of return on both projects is 11%, which project, if d. If the required rate of return on both projects is 14%, which project, if e. On a graph, draw the investment profiles of Thing 1 and Thing 2. Indicate should management choose? Why? should management choose? Why? either, should management choose? Why? either, should management choose? Why? the following items projects is 8%, which project, if either, .crossover discount rate NPV of Thing i if the required rate of return is 5% NPV of Thing 2 if the required rate of return is 5% IRR of Thing 1 IRR of Thing 2