A company has a 13% WACC and is considering two mutually exclusive investments (that cannot be repeated) with the following cash flows:

	0	1	2	3	4	5	6	7
Project A	-$300	-$387	-$193	-$100	$600	$600	$600	$850
Project B	-$405	$132	$132	$132	$132	$132	$132	$132

a. What is each project's NPV? Round your answer to the nearest cent. Do not round your intermediate calculations.

Project A: $__

Project B: $__

b. What is each project's IRR? Round your answer to two decimal places.

Project A: __%

Project B: __%

c. What is each project's MIRR? (Hint: Consider Period 7 as the end of Project B's life.) Round your answer to two decimal places. Do not round your intermediate calculations.

Project A: __%

Project B: __%

d. From your answers to parts a-c, which project would be selected? (Project A/Project B). If the WACC was 18%, which project would be selected? (Project A/Project B)

e. Construct NPV profiles for Projects A and B. Round your answers to the nearest cent. Do not round your intermediate calculations. Negative value should be indicated by a minus sign.

Discount Rate	NPV Project A	NPV Project B
0%	$	$
5	$	$
10	$	$
12	$	$
15	$	$
18.1	$	$
23.33	$	$

f. Calculate the crossover rate where the two projects' NPVs are equal. Round your answer to two decimal places. Do not round your intermediate calculations.

__%

g.

What is each project's MIRR at a WACC of 18%? Round your answer to two decimal places. Do not round your intermediate calculations.

Project A: __%

Project B: __%