Problem 11-17 Capital budgeting criteria A company has a 11% WACC and is considering two mutually exclusive investments (that cannot be repeated) with the following cash flows: 0 1 2 3 4 5 6 7 Project-$300-$387-$193-$100$600$600$850-$180 Project-$400 $133 $133 $133 $133$133$133 $0 a. What is each project's NPV? Round your answer to the nearest cent Project A$ Project B $ b. What is each project's IRR? Round your answer to two decimal places Project A Project B c. What is each project's MIRR? (Hint: Consider Period 7 as the end of Project B's life.) Round your answer to two decimal places Project A Project B d. From your answers to parts a-c, which project would be selected? -Select- If the WACC was 18%, which project would be selected? -Select- $ e. Construct NPV profiles for Plans A and B. Round your answers to the nearest cent Discount NPV Plan A NPV Plan B Rate 096 5 10 $ 15 $ 18.1 $ 24.18 f. Calculate the crossover rate where the two projects' NPVs are equal. Round your answer to two decimal places g, what is each project's MIRR at a WACC of 18%? Round your answer to two decimal places Project A Project B