Assume you are presented with the following mutually exclusive investments whose expected net cash flows are as follows: EXPECTED NET CASH FLOWS: Year Project A Project B 0 $400 $650 1 528 210 2 219 210 3 150 210 4 1,100 210 5 820 210 6 990 210 7 325 210

(a) What is each projects MIRR at the cost of capital of 10%? At 17%? (Hint: Consider Period 7 as the end of Project Bs life.)