A. Harry's Inc. is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that if a project's projected NPV is negative, it should be rejected.

WACC: 13.25%

Year 0 1 2 3 4 5

Cash flows -$1,000 $300 $300 $300 $300 $300

a. 41.45

b. 55.10

c. 52.18

d. 48.76

e. 49.25

B. Ingram Electric Products is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's projected MIRR can be less than the WACC (and even negative), in which case it will be rejected.

WACC: 9.75%

Year 0 1 2 3

Cash flows -$800 $350 $350 $350

a. 13.05%

b. 15.00%

c. 11.48%

d. 14.35%

e. 10.57%