Problem Walk-Through Problem 11-17 Capital budgeting criteria A company has a 13% WACC and is considering two mutually exclusive investments (that cannot be repeate with the following cash flows: Project A $300 $387 $193 $100 $600 $600 $850 $180 Project B $400 $132 $132 $132 $132 $132 $132 $0 a. What is each project's NPV? Round your answer to the nearest cent Do not round your intermediate calculations. Project A 162.47 Project B 127.67 b. What is each project's IRR? Round your answer to two decimal places. Project A 18.09 Project B 23.86 c. What is each project's MIRR? (Hint: Consider Period 7 as end of Project B's life.) Round your answer to the two decimal places. Do not round your intermediate calculations. Project A Project B d. From your answers to parts a-c, which project would be selected? Project A