Problem 16-19 Using net present value and internal rate of return to evaluate investment opportunities LO 16-2, 16-3 Dight Donovan, the president of Munoz Enterprises, is considering two investment opportunities. Because of limited resources, he employees operating the current equipment. Initial cash e benefts for the next four years Munoz Enterprises cost of capital is 6 percent. V oft 51 and PVA ot 53 (Use appropriate fectorts) Project A the s a training program that will improve the skills of res for Project A are $106,000 and for Project B are $41,000 The to provide cash flow cash inflows are $32,719 for Project A and $14,071 for Project B.Both investments are ex from the tables provided. Required seterences b. Compute the approximate internal rate of return of each project Which one should be adopted based on the internal rate of return