Calculate the NPV for the following projects if the annual discount rate is 7%:

Year A B C

0 -10000 -13000 -15000

1 5000 5000 7000

2 6000 2000 2000

3 7000 6000 1000

4 2000 1000 5000

5 1000 7000 6000

Which projects will the firm accept if the payback period is three years?

Which projects will the firm accept if the discounted payback period is three years? (Show math)

What is the IRR for each of the three projects?

What is the MIRR for each of the three projects?