Question: Question 5 You have $1M dollars. There are two projects. Each requires an upfront investment of $1M, then generates positive cash flows every year after

 Question 5 You have $1M dollars. There are two projects. Each

Question 5 You have $1M dollars. There are two projects. Each requires an upfront investment of $1M, then generates positive cash flows every year after that. Project A has an NPV of $5M, an IRR of 10%. Project B has an NPV of $3M, an IRR of 15%. Which project should get funding? Explain why. If your answer depends on specific assumptions, state your assumptions

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