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 -$620 210 -$350 -528 -219 -150 210 1,100 820 210 990 210 210 -325 a. Construct NPV profiles for Projects A and B. Select the correct graph. NPVS T 14001 1200+ 1000+ 800 NPVA I 14001 12001 10001 800 Project A Project B NPV I 14001 1200+ 1000+ 800 Project A 6001 4001 Project B 2001 600 600 400 Project B 4001 Project A 2001 2001 20 30 5200 cost of capilacet5 20 2001 cost of capital(e45 -4001 30 20 25 30 Cost of capilar 95 -4001 -4001 d. What is each project's MIRR at a cost of capital of 10%? (Hint: Consider Period 7 as the end of Project B's life.) Do not round intermediate calculations. Round your answers to two decimal places. Project A: % Project B: What is each project's MIRR at a cost of capital of 18%? (Hint: Consider Period 7 as the end of Project B's life.) Do not round intermediate calculations. Round your answers to two decimal places. Project A: % Project B: e. What is the crossover rate? Do not round intermediate calculations. Round your answer to two decimal places. % % What is its significance? I. If the cost of capital is greater than the crossover rate, both the NPV and IRR methods will lead to the same project selection. II. If the cost of capital is less than the crossover rate, both the NPV and IRR methods lead to the same project selections. III. The crossover rate has no significance in capital budgeting analysis. -Select- X