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Cummings Products Company is considering two mutually exclusive investments whose expected net cash flows are as follows: EXPECTED NET CASH FLOWS Year Project A Project

Cummings Products Company is considering two mutually exclusive investments whose expected net cash flows are as follows:

EXPECTED NET CASH FLOWS
Year Project A Project B
0 -$290 -$400
1 -387 134
2 -193 134
3 -100 134
4 600 134
5 600 134
6 850 134
7 -180 134

What is each project's MIRR at a cost of capital of 14%? (Hint: Note that B is a 6-year project.) Round your answers to two decimal places. Project A % Project B % What is each project's MIRR at a cost of capital of 17%? (Hint: Note that B is a 6-year project.) Round your answer to two decimal places. Project A % Project B %

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