Sunrise Inc. needs to decide between two competing projects, Project G and Project H.

Project Cash Flows and IRR:

Project	C0 ($ thousands)	C1 ($ thousands)	C2 ($ thousands)	IRR (%)
G	-100	50	55	23.50
H	-110	60	50	21.00

The company's hurdle rate is 10%.

Requirements:

1. Explain why IRR alone might not be sufficient to make the decision.
2. Compute the Internal Rate of Return (IRR) for each project to verify the given values.
3. Calculate the NPV and suggest which project should be chosen based on this metric.
4. Discuss the impact of project duration on the decision-making process.