1. There is a project with the following cash flows :

Year	Cash Flow
0	$24,050
1	6,500
2	7,600
3	8,550
4	7,450
5	6,100

What is the payback period?

2.)

You are evaluating two projects with the following cash flows:

Year	Project X			Project Y
0	$541,200			$511,500
1	219,600			209,300
2	229,500			219,100
3	236,700			227,000
4	196,400			187,800

What is the crossover rate for these two projects?

3.)

A project has the following cash flows :

Year	Cash Flows
0	$12,000
1	5,290
2	7,630
3	5,040
4	1,580

Assuming the appropriate interest rate is 10 percent, what is the MIRR for this project using the discounting approach?