Net present value method, internal rate of return method, and analysis for a service company The management of Advanced Akternative Power inc. is considering two capital investment projects. The estimated net cash flows from each project are as follows: The wind turbines require an investment of $776,700, while the biofuel equipment requires an imvestment of $1,713,000. No residual value is expected from either project. Present Value of an Annuity of $1 at Compound Interest Required: 1a. Computy the net present value for each project. Use a rate of 10% and the present value of an annuity of $1 in the table above, If required, use the minus sign to indicate a negative net present value. If required, round to the nearest whole dollar. 1b. Compute a present value index for each project. If required, round your answers to two decimal places. Present Value index Wind Turbines Biofuel Equpment 2. Determine the internal rote of return for each project by (a) computing a present value factor for an annulty of $1 and (b) using the present value of en annuity of $1 in the table above. If required, round your present value factor answers to three decimal places and internal rate of return to the nearest whole percent. Wind Turbines aiofuel Equipment Present value factor for an annuity of 51 Internal rote of return 3. The net present value, present value index, and internal rate of return all indicate that the! the , although both investments meet the minimum return criterion of 10%. is/are a better financial opportunity compared to