2 o ono 3 4 3) Matrix.com is able to design only one of two virtual-reality programs that is indistinguishable from real life to those experiencing it. The projects are mutually exclusive. Matrix.com's weighted average cost of capital is 14% and the reinvestment rate is 18%. The projects have the following payoff schedules: Year Project 1 Project 2 0 30 45 1 4 4 6 10 5 12 6 15 7 15 8 15 9 15 10 20 Show all your work. You may want to add some columns if you are going to calculate the individual PV for the cash flows. a) Find NPV. b) Find IRR. c) Find MIRR d) Find Discounted Payback. Which project would you pick (if any) using: e) NPV rule? f) IRR rule? g) MIRR rule? h) Discounted Payback rule? 10 10 10 10 4 4 4