Question 4 1 pts Why may a manager prefer to use IRR instead of NPV? If the manager wants to know the optimal payback period. If the manager wants to evaluate a project that has negative free cashflows in multiple years. If the manager wants to compare the percentage return from the project to the project's WACC. Amanager will never prefer to use IRR instead of NPV. Question 5 1 pts The internal rate of return will equal the discount rate when the net present value equals zero. the net present value is less than zero. the net present value is greater than zero. the payback period equals 5 years. Question 6 1 pts Powertrain Company has $2 million to spend on projects and has a 13% cost of capital. It is evaluating two projects. The after-tax cashflows of the projects are below. Which project should the Company undertake? Year Project Alpha Project Bravo -$2,000,000 $2,000,000 $500,000 $500,000 $500,000 $500,000 $500,000 -$200,000 $1,500,000 $5,650,000 Question 6 1 pts Powertrain Company has $2 million to spend on projects and has a 13% cost of capital. It is evaluating two projects. The after-tax cashflows of the projects are below. Which project should the Company undertake? Year Project Bravo $2,000,000 Project Alpha -$2,000,000 $500,000 $500,000 $500,000 $500,000 $500,000 -$200,000 $1,500,000 $5,650,000 Project Bravo because its IRR is greater than Project Alpha's. Project Alpha because its IRR is greater than Project Bravo's. Project Alpha because its NPV is higher than Project Bravo's. Project Bravo because its NPV is higher than Project Alpha's. Question 7 1 pts ditar and