Business Finance (FIN 3200) ASSIGNMENT #5 (Due June 18,2020) (25 Points) [Please Show all work for full credit] 1. The following cash flows are given for the Project Z CO C1 C2 C3 C4 C5 -$7000 +$3,000 $4,000 +$6,000 +$2,500 +$2,000 Calculate the following: (a) NPV (Net Present Value) at 12% discount rate (b) IRR (Internal Rate of Return) (c) The payback period for Project (2) 2. The following cash flows are give for the two mutually exclusive projects X and Y. The project X requires an initial investment of $12,000 in time 'Oand project Y needs an initial investment of $10,000 in time '0'. Year Project X Project Y $4,500 $9,000 2 6,000 5,000 3 7,500 4.500 4 9,000 3,000 1 (a) Calculate the NPV for each project using a discount rate of 12%. (b) State your accept/reject decision (c) What would be your accept/reject decision if they were to be independent projects