Problem 2) (15 Points) Project A's IRR is 8% and WACC is 11%. Cash flows Year Project A 1 $5,500 $1,500 N 3 $2,500 4 $3,500 5 $1,500 6 $2,000 7 $2,500 Using given information a Calculate the initial investment of the project. b) Calculate NPV and MIRR of the project. (Remember CFO must be negative, otherwise you will get an error.)