Problem 10-21 Payback, NPV, and MIRR Your di sion is consider ng two investment pro cts, each o which equires an up front expenditure of $25 million. You estimate that the cost of capital is 8% and that the investments will produce the following after-tax cash flows in millions of dollars) Year Project A Project B 20 10 15 20 10 . What is the regular payback period for each of the projects? Round your answers to two decimal places Project A years Project B ears b. What is the discounted payback period for cach of the projocts? Round your answers to two decimal places. Project A ears Project B years c. If the two projects are independent and the cost of capital is 8%, which project or projects should the firm undertake? Select- d. If the two projects are mutually exclusive and the cost of capital is 59, which project should the firm undertake? Select e. If the two projects are mutually exclusive and the cost of capital is 15%, which project should the firm undertake? -Select- f. What is the crossover rate? Round your answer to two decimal places. 9- If the cost of capital is 8%, what is the modified IRR (MIRR) of each project? Round your answers to two decimal places. Project A Se Project 8