You are choosing between two projects. The cash flows for the projects are given in the following table (5 million) Project Year 0 Year 1 Year 2 A - 550 526 519 - 5102 S22 $38 a. What are the IRR of the two projects? D. If your discount rate is 51%, what are the NPVs of the two projects? c. Why do IRR and NPV rank the two projects differently? Year 3 520 549 Year 4 514 361 a. What are the IRRs of the two projects? The IRR for projed As (Round to one decimal place) The IRR for project is % (Round to one decimat place.) b. If your discount rate is 5.1%, what are the NPUs of the two projects? If your discount rate is 5.1%, the NPV for project is 5 million (Round to two decimal places) If your discount rate is 5 1%, the NPV for project is smilion (Round to ho decimal places.) c. Why do IRR and NPV rank the two projects differently? (Select from the drop down menus) NPV and IRR rank the two projects diferently because they are measurng different things NPV is measuring value creation while IRR is measuring return on investment Because returns do not scale with different levels of investment, the two measures may give different rankings when the initial investments are diferent