12- The MIRR for project Y is: A- 16.19% B- 15.70% C- -2.16% D- 19.85% E-None

13-The payback period of project Z is: A- 3 years B- 1.33 year C- 2.67 year D- 2 years E- None

14- The NPV for project Z is: A- $3,023.88 B- - 2,780.12 C- $2,780.12 D- +2,780.12 E- None

15- If the projects are independent, the company should: A- Accept project Y and reject project Z. B- Reject project Y and accept project Z. C- Accept both projects. D- Reject both projects. E- None.

16- If the projects are mutually exclusive, the company should: A- Reject both projects. B- Accept project Y and reject Z. C- Reject project Y and accept Z. D- Accept both projects. E- None.

Use the following data to answer Questions 11 through 16: An analyst has gathered the following data about two projects, each with a 12% cost of capital: Project Y $15,000 Project Z Initial cost $20,000 Life years Cash inflows $7,500/year 5 years 4 $5,000/year 11. Which of the following statements about project Y is least accurate? * A. The discounted payback period is 3 years. B. The IRR of the project is 19.86%; accept the project. C. The NPV of the project is +$3,024; accept the project. O D. B and C S O E. None of the above