60,000 70,000 80,000 75,000 70,000 50,000 Calculate the NPV of two projects at the discount rate of 15%. If these are mutually exclusive projects, which one should you choose? Calculate the payback period of two projects. If they are mutually exclusive projects, which one should you choose? Calculate the IRR of two projects using trial and error approach. a. b. c. If a project's discounted payback period is less than the maximum payback period that the firm will accept, does this mean the project's NPV will also be positive? Why or why not? 1. 2. Gio's Restaurant is considering a project with the following expected cash flows: Year Project 1 CFs $200,000 70,000 Project 2 CFs -$200,000 0 45,000 50,000 60,000