12. Problem 11.17 (Capital Budgeting Criteria) Book Problem Walk-Through A company has a 13% WACC and is considering two mutually exclusive investments that cannot be repeated with the following cash flow! 0 1 2 3 S 6 2 Project A Project -$300 -$400 -$387 $133 -$193 $133 - $100 $133 $600 $133 $600 $133 $8.50 $133 -$180 $0 a. What is each project's NPV? Negative values, if any, should be indicated by a mirusion. Do not round intermediate calculations, Round your answers to the nearest cent. Project A:s Project : 5 b. What is each project's TRRY Do not round intermediate calculations. Round your answers to two decimal places Project Al Project : e. What is nach project's MIRR? (Hint: Consider Period as the end of Project site.) Do not round intermediate calculation. Hound your answer to two decimal places 90 Project A: 36 Project : d. From your answers to parts ac, which project would be selected d. From your answers to parts a-c, which project would be selected? Project B If the WACC was 18%, which project would be selected? Project A e. Construct NPV profiles for Projects A and B. If an amount is zero, enter 0. Negative values, if any, should be indicated by a minus sign, Do not round Intermediate calculations. Round your answers to the nearest cent. Discount Rate 0% NPV Project A NPV Project B $ 5 10 12 15 18.1 24.18 f. Calculate the crossover rate where the two projects' NPVs are equal. Do not found intermediate calculations. Round your answer to two decimal places 9 9. What is each project's MIRR at a WACC of 18%? Do not round intermediate calculations, Round your answers to two decimal places. Project A: 90 96 Project B