Expected Net Cash Flows
Time	Project ABC	Project XYZ
0	-1000	-750
1	-400	275
2	-250	250
3	-150	200
4	500	200
5	500	200
6	650	200
7	650	200
8	1200	200
9	-100	0

If the WACC for each project is 6%, which should be chosen?

What is the IRR and MIRR for each project? For the MIRR, assume a WACC of 12%.

(Need to understand how to calculate)