A) "Ganara Corp. identified an investment opportunity that requires an initial cash outflow of 500,000. Ganara's required rate of return is 10 percent. The investment will yield cash flows of 130,000 per year in Years 1 through 4, 140,000 per year in Years 5 through 9, and 150,000 in Year 10. Assume the cash flows occur evenly during the year. How much longer is the discounted payback compared to the traditional payback period for this investment?"

B) "Project Chara costs 5,000 to purchase and is expected to generate net cash inflow equal to 8,000 at the end of the 3rd year. The project's required rate of return is 10 percent. What is the difference between the project's internal rate of return (IRR) and modified internal rate of return (MIRR)?"