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The TB &B Corporation has a 12 percent WACC and is considering two mutually exclusive investments with the following net cash flows. (Consider period 7

The TB &B Corporation has a 12 percent WACC and is considering two mutually exclusive investments with the following net cash flows. (Consider period 7 as the end of Project Bs life.)

Project A CF0=-$300 CF1=-$387 CF2=-$193 CF3=-$100 CF4=$600 CF5=$600 CF6=$850 CF7=-$180

Project B CF0=-$405 CF1=$134 CF2=$134 CF3=$134 CF4=$134 CF5=$134 CF6=$134 CF6=$0

a. What is each projects NPV?

b. What is each projects IRR?

c. What is each projects MIRR?

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