Problem 11-20 NPV

A project has annual cash flows of $3,000 for the next 10 years and then $9,000 each year for the following 10 years. The IRR of this 20-year project is 13.53%. If the firm's WACC is 9%, what is the project's NPV? Round your answer to the nearest cent.

Problem 11-12 IRR and NPV

A company is analyzing two mutually exclusive projects, S and L, with the following cash flows:

0

1

2

3

4

Project S	-$1,000	$881.22	$240	$5	$15
Project L	-$1,000	$0	$240	$400	$848.06

The company's WACC is 9.5%. What is the IRR of the better project? (Hint: The better project may or may not be the one with the higher IRR.) Round your answer to two decimal places.

Problem 11-13 MIRR

A firm is considering two mutually exclusive projects, X and Y, with the following cash flows:

0

1

2

3

4

Project X	-$1,000	$110	$320	$430	$750
Project Y	-$1,000	$1,100	$110	$55	$50

The projects are equally risky, and their WACC is 12.0%. What is the MIRR of the project that maximizes shareholder value? Round your answer to two decimal places.

Problem 11-21 MIRR

Project X costs $4,000, and its cash flows are the same in Years 1 through 10. Its IRR is 17%, and its WACC is 10%. What is the project's MIRR? Round your answer to two decimal places.

%

Problem 11-22 MIRR

A project has the following cash flows:

0

1

2

3

4

5

-$400

$181

-$X

$196

$360

$424

This project requires two outflows at Years 0 and 2, but the remaining cash flows are positive. Its WACC is 13%, and its MIRR is 14.47%. What is the Year 2 cash outflow? Round your answer to the nearest cent.

PLEASE HELP!!!! PLEASE ANSWER ALL THE QUESTIONS!!!