Question 3 Ring Ring your good friend Jayden s citing you Jayden Jayden Hello friend I am considering strategic projects to invest and I need to chore warto wow you can be decision You Of course Tell me more about your projects Jayden Project 1 Cash Flow in Your + $650 000 Year 2 S500.000 need to buy a machine bergart) $1.00 und I can set it for $156,000 at the end of its sente in Year 2 Project 2 Canh Flow in Year 1 5050,000 Year 2 5410 000 For project 2. I need to buy a machine in the beginning (Year C) for $800.000 but there is no svag valt at the end of susten year 2 You: On OKI Do you know the rate of return you need from each project? Jayden I need 10% return from each You Alright. How much do you have for your investment? Jayden All have is 51.000.000 Oops! My phone battery is dead! Questions Calculate NPV and IRR of each project should Jayden invest in one of the projects? If yes, which one and why? Al what rate of return would your investment advice be indifferent between project 1 and project 27