1. Solbridge is considering two investment projects, each of which requires an initial investment of $25 million. You estimate that the cost of capital is 10% and that the investments will produce the following after-tax cash flows (in millions of USD): 11.1. What is the discounted payback period for each of the projects? [0.6 points] 1.2. What is the internal rate of return for each of the projects? [0.6 points] For questions below, assume Solbridge selects investment projects based on their respective NPVs. 1.3. If the two projects are independent, which project or projects should the firm undertake? [0.8 points] 1.4. If the two projects are mutually exclusive and the cost of capital is 5%, which project should the firm undertake? [0.8 points] 1.5. What should be the cost of capital for Solbridge to be indifferent between the two projects? [0.8 points]