Capital Budeting Francise C: net cash flows (in thousands of dollars) \begin{tabular}{cc} Year & \\ 0 & 350 \\ \hline 1 & 35 \\ \hline 2 & 210 \\ \hline 3 & 285 \\ \hline \end{tabular} Francise D: net cash flows (in thousands of dollars) Year012335024017535 8. Look at your NPV profile graph without referring to the actual NPVs and IRRs. Which franchise or franchises should be accepted if they are independent? Mutually exclusive? Explain. Are your answers correct at any cost of capital less than 23.6% ? 9. Define the term modified IRR (MIRR). Find the MIRRs for Franchises C and D