1a.) What is the Regular (Traditional) Payback Period?

1b.) Discounted Payback Period (DPB)

2a.) Net Present Value

2b.) Internal Rate of Return (IRR)

3a.) Modified Internar Rate of Return (MIRR)

Project Beta $(300,000) Project Alpha $(270,000) 120,000 120,000 120,000 Year 0 9-1 (80,000) 555,000 2 Which project(s) should be purchased if they are inde- pendent? Which projects) should be purchased it they are mutually exclusive? Ca Ne Int Di 9-17 Compute the (a) net present value, (b) internal rate of return (IRR), (c) modified internal rate of return (MIRR), and (d) discounted payback period (DPB) for each of the following projects. The firm's required rate of return is 13 percent. 9-2 Year Project AB Project LM Proj 1 39,000 39,000 39,000 0 $(90,000) $(100,000) (96,500) (55,000) 100,000 100,000 0 0 147,500 Int Which projectts) should be purchased if they are inde- endent? Which project(s) should be purchased it they are mutually exclusive? 9-18 Following are the estimated after-tax cash flows for two mutually exclusive projects: Year Project S Project T