9) (10 pts) TallyWorld, Inc. sales are expected to increase by 25% from $12 million in 2015 to 515 million in 2016. Its assets totaled $6.5 million at the end of 2015 Tally World is already w full liabilities were $2.3 million consisting of S950,000 of accounts payable, 725,000 of notes payable, payout ratio is 40%. Use the AFN eguntton to forecast Tally World's additional funds needed for the coming year. 10) (8 pts) Using the information provided in question above, what is the maximum growth rate that can be attained without raising external funds, Lc., what is Tally World's self-supporting growth rate? 11) (10 pts) Projects S and L, whose cash flows are shown below, are mutually exclusive, cqually risky, and not repeatable. Hooper Inc. is considering which of these two projects to undertake. Calculate the NPV and IRR for each project and explain which project should be undertaken based on your calculations WACC Year CFS 10.25% 0 -$2,050 -S4,300 1 $750 $1,500 3 $770 $1,536 4 $780 $1,554 $760 $1,518 CFL