Maxwell Inc has a 10% WACC and is currently evaluating two projects for next year's capital budget. After-tax cash flows, including depreciation, are as follows (Millions) Projects Lease a Warehouse Buy a Warehouse YEARS 0 1 2 3 4 5 $(25.0) $9.0 $9.5 $10.7 $11.5 $12.0 $(40.0) $10.0 $10.5 $12.5 $12.5 $13.0 Each answer is worth 5 points each Carry out ALL ANSWERS to 2 decimals (NO ROUNDING) or your answer will be considered incorrect and the full 5 pts will be loss. 1. Calculate the NPV for each Project (Lease and Buy) 2. Calculate the IRR for each Project (Lease and Buy) 3. Calculate the MIRR for each Project (Lease and Buy) 4. Calculate the DISCOUNTED PAYBACK for each Project (Lease and Buy) 5. What project should be chosen? Lease or Buy