1 Assume you are evaluating two mutually exclusive projects, the cash flows of which appear below, and that your company uses a cost of capital of 8 percent to evaluate projects such as these. a. Calculate Payback for Project A b. Calculate Discounted Payback for Project A c. Calculate IRR for Project A d. Calculate MIRR for Project B e. Using the NPV method and assuming cost of capital of 8%, which project should be accepted? 1 Assume you are evaluating two mutually exclusive projects, the cash flows of which appear below, and that your company uses a cost of capital of 8 percent to evaluate projects such as these. a. Calculate Payback for Project A b. Calculate Discounted Payback for Project A c. Calculate IRR for Project A d. Calculate MIRR for Project B e. Using the NPV method and assuming cost of capital of 8%, which project should be accepted