Debbie Jones is recent hire at Chesapeake Manufacturing in the finance department. She is

tasked with evaluating the following capital budgeting projects. The firm uses a $10\%$ discount

rate in evaluating capital investments and prefers a five$-$year payback period but is willing to

consider longer term projects if they are beneficial to the firm. Debbie remembers from her

FINC$312$ course that the payback period, NPV$,$ IRR and MIRR are all used to evaluate projects.

As this is her first assignment her supervisor asks her to calculate the above metrics both by

hand and using excel and to provide a brief narrative of her analysis. She is also instructed to

perform her analysis based on the information given and as part of her write$-$up to include any

questions or clarifications she needs answered before completing her analysisDebbie Jones is recent hire at Chesapeake Manufacturing in the finance department. She is

tasked with evaluating the following capital budgeting projects. The firm uses a $10\%$ discount

rate in evaluating capital investments and prefers a five$-$year payback period but is willing to

consider longer term projects if they are beneficial to the firm. Debbie remembers from her

FINC$312$ course that the payback period, NPV$,$ IRR and MIRR are all used to evaluate projects.

As this is her first assignment her supervisor asks her to calculate the above metrics both by

hand and using excel and to provide a brief narrative of her analysis. She is also instructed to

perform her analysis based on the information given and as part of her write$-$up to include any

questions or clarifications she needs answered before completing her analysis.