You have been asked to evaluate two projects for your company. One is deciding on the purchase of a new stoel bending machine that will have a payback of 4 years, NPV of $25,500 and an IRR of 8.5%. The second project is a new printer purchase that will have a payback of 4 years, NPV of $21,500 and an IRR of 8.9%. The company has a required rate of return of 75%. How would you best communicate your decision to proceed? Multiple Choice Choose both projects because they both have paybacks under 5 years Choose the steei bending because it will add $4.000 more than the printer project in value to the form Choose both projects, as they will add $47000 in value to them Choose the printer project because the IRR oher than the steal bending project