Complete the attached Capital Budgeting case study in APA . Be sure to describe the processes used an include graphs and/or charts where appropriate

Please refer to the document, that I have attached a picture of. The full document has already been added, so I could not upload the document again, and have just show the image of the document

International Research Journal of Applied Finance ISSN 2 2 29 - 6891 Vol. VII Issue - 6 June , 2010 Case Study Series Evaluating Mutually Exclusive Projects with Capital Budgeting Techniques ( Case Study) Halil D. Kava Abstract This case deals with the capital budgeting techniques of Net Present Value (i.e. NPV'; and Internal Rate of Return ( i.e . IR.R J . In this case , students will compare two mutually exclusive* projects using NPV' and IRR, and choose the best project . They will learn about NPV and IRR methods and their advantages and disadvantages . Students will also learn the weakness of the IRR method when comparing two or more projects . Finally , they will evaluate the two projects assuming that the projects are independent projects rather than mutually exclusive ones . This is a hands - on experience for students who want to delve into project valuation . Keywords : Project Valuation , Capital Budgeting , Net Present Value , NPV , Internal Rate of Return , IRR, NPV profile* JEL classifications : 630, 031 , 632 Introduction After graduating from an MBA Program on the East Coast , Michael Strahan had started working for a mining company . His company is evaluating two projects : One of them requires a smaller investment , and then will create a big , positive cash flow in the first year ; and then smaller cash flows after that . The second project is a relatively bigger project . It will require a larger cash flow at the beginning , and then will bring in a relatively small cash flow in the first year . But . this second project will create much larger cash flows in the years after that