1. Cooper Copper Company is considering the purchase of two new molding machines. Machine A and Machine B both have a cost of $10,000 and will be evaluated using a 12% cost of capital. The machines expected net cash flows are as follows: Expected Net Cash Flows Year Machine A Machine B 0 -$10,000 -$10,000 1 6,500 3,500 2 3,000 3,500 3 3,000 3,500 4 1,000 3,500 a. Calculate each projects payback period. b. Calculate each projects discounted payback period. c. Calculate each projects net present value (NPV). d. Calculate each projects internal rate of return (IRR). e. Calculate each projects profitability index (PI). f. Which project(s) should be accepted if they are independent? Explain. g. Which project should be accepted if they are mutually exclusive? Explain.

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