Blue Wolf Inc., is considering two mutually exclusive investments. Below are the projects expected net cash flows. A.) If each projects cost of capital is 14%, which project should be selected? If the cost of capital is 18%, what project is the proper choice? B) What is each projects IRR? We can find the internal rate of return using Excels IRR function: IRR project A = IRR project B = C.) What is each projects MIRR of a cost of capital of 14%? At r = 18%? D.) What is the regular payback period for these two projects? E.) At a cost of capital of 14%, what is the discounted payback period for these two projects? F.) What is the probability index for each project if the cost of capital is 14%? PV of future cash flows for A: PI of A: PV of future cash flows for B: PI of B