Company Bs WACC is 10%. It has three Projects it can choose from: Projects X, Y and Z. The following information is available regarding Project X. Years 0 1 2 3 Project X cash flows -$100 80 60 40 And the following information is available regarding Projects Y and Z. Criteria Project Y Project Z NPV $40 $67 MIRR 10% 20% IRR 2.0% 18.7% Regular Payback 2.23 years 1.77 years

5) Assuming the three projects X, Y & Z are independent, based on NPV criteria we choose: *

6) Assuming the three projects X, Y & Z are mutually exclusive, based on NPV criteria we choose: *

7) Assuming the three projects X, Y & Z are independent, based on MIRR criteria we choose: *

8) Assuming the three projects X, Y & Z are mutually exclusive, based on MIRR criteria we choose: *