A company has an 11% 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	$850	-180
	Project B	-400	$134	$134	$134	$134	$134	$134	$0

A. What is each project's NPV? Negative values, if any, should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to the nearest cent.

Project A: $

Project B: $

B. What is each project's IRR? Do not round intermediate calculations. Round your answers 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.) Do not round intermediate calculations. Round your answers to two decimal places.

Project A: %

Project B: %

D. From your answers to parts a-c, which project would be selected?

If the WACC was 18%, which project would be selected?