answer the following questions

-13 NPV and IRR Analysis Cummings Products is considering two mutually exclusive investments whose expected net cash flows are as follows: EXPECTED NET CASH FLOWS Project B Project A Year -$650 -$400 210 -528 1 210 -219 2 210 3 -150 210 1,100 210 820 6 990 210 -325 210 a. Construct NPV profiles for Projects A and B. b. What is each project's IRR? c. If each project's cost of capital were 10%, which project, if either, should selected? If the cost of capital were 17%, what would be the proper choice? d. What is each project's MIRR at the cost of capital of 10%? At 1700? (Hint: Consider Period 7 as the end of Project B's life.) 4 5 O N