c. Lobers, Inc., has two investment proposals, which have the following characteristics: Project Project Period A B 0 -9000-12000 1 5000 5000 2 4000 5000 3 3000 8000 Year For each project, compute its payback period, its net present value, and its profitability index using a discount rate of 15 percent. (9 marks) d. Assume that the cash flows of a project are given as follows: Cash Flow -800 500 700 -650 800 900 The reinvestment rate is given as 20%, whilst the financing rate has been specified as 15%. Find the MIRR of the project. (5 marks) 0 1 -NMin