(14 points) Assume that you are evaluating the following two mutually exclusive projects:

	A	B
Costs	$6,000	$6,000
	$735	$3,800
	$2,527	$3,465
	$3,745	$2,645
	$5,350	$6,000

The cost of capital is 11.0%. Calculate the following and show all answers to 2 decimal places and the rates of return (IRR and MIRR) as XX.XX%:

A B

Pay Back Period

Net Present Value (11.0%)

Profitability Index (11.0%)

Internal Rate of Return

Modified Internal Rate of Return (11.0%)

Accumulated Future Value for MIRR (11.0%)

Which project should you recommend? Very briefly, why?

A or B?

I believe that the inflow is the value of money it generates each year, listed under the original cost per year (A and B)