Question: pls help There are two projects under consideration by the Rainbow factory. Each of the projects will require an initial investment of $34,834 and is

pls help
pls help There are two projects under consideration by the Rainbow factory.

There are two projects under consideration by the Rainbow factory. Each of the projects will require an initial investment of $34,834 and is expected to geterate the following cash flows: First Year Second Year Third Year Total Alpha Project $31,500 $23,000 $4,500 $59,000 Beta Project 8,000 24,000 27,929 59,929 A. Calculate the laternal rate of return on both projects. Use the IRR spreadsheet function to calculate internal rate of ritum Alpha Project w Beta Project % B. Make a recommendation on which one to accept

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