I need this question answered using one other more of these equations: NPV = CF(PVIFAr,t) - CFo IRR = 0 = CF(PVIFAr,t) - CFo WACC **I have provided the tables that will be needed as well** Also provided figure 9-6 that is referenced.

questions. Hint: You might want to take a look at Figure 9-6, pg 227. I do not expect you to send me a graph, but you might find figure 9-6 helpful in figuring out what you need to know. P-5. The Acme Chip Manufacturing Company (potato not computer) has a target capital structure of \30 debt and \70 common equity. They have a \30 tax rate. They have three projects under consideration code named: Manny, Moe, and Jack. All projects are independent. The IRRs for the three projects: NOTE: yes, I just gave you the IRRs! All three projects have an initial investment of \\( \\$ 1,000,000 \\). (SO: if you look at Figure 9-6, with these IRRs and project costs you could draw the IOS schedule - that dashed line in Figure 9-6 that stair-steps down) Acme can borrow up to \\( \\$ 2,000,000 \\) from the bank at a quoted interest rate of \6. They also have a reported \\( \\$ 3,000,000 \\) in Retained Earnings available for new projects. Additional information: The next common stock dividend they pay will be \\( \\$ 3.00 \\) per share. They also expect a growth rate of \5 on common equity. New common stock can be sold for \\( \\$ 30.00 \\) per share, with flotation costs of \\( \\$ 10.00 \\) per share. Part 1: 1. Which projects would you accept and why? Yes, I need to see some \"number crunching\". 2. What would be their capital budget? Part 2: Let's change one thing. The federal government has decided to increase the regulations affecting the manufacturing of chips