A company has 12% WACC and is considering two investments with the following cash flows: 12 End of Year 04 Project A: -3000 Project B: -3000 0 24 -1002 1342 3e -1002 1342 40 5504 134 5e 500 134 6 2004 1344 1340 a) What is each project's NPV? (2 points) b) What is each projects IRR? (2 points) c) What is each project's MIRR? (4 points) d) Assuming the projects are independent, which one should you recommend? (2 points) e) Assuming the projects are mutually exclusive, which one should you recommend? (2 points) f) Assuming the projects are mutually exclusive, is the NPV rule consistent with IRR rule for capital budgeting decision? Explain by calculating the crossover rate where the two projects' NPV are equal. (3 points)