4. The flowing data apply to the next six-self test problems. The director of capital budgeting for Gaint Inc. has identified two mutually exclusive projects , L and S with the following expected net cash flows: (6Mark)

Expected net cash flows

Year	Project L	Project S
0	($100)	($100)
1	10	70
2	60	50
3	80	20

Both Project have accost of capital of 10 Precent

1.1 What is the payback period for project S

1.2. What is Project Ls NPV

1.3 what is Project Ls IRR

1.4 What is project Ls MIRR

1.5 what is Project S MIRR

1.6. Plot the NPV profiles for the two projects. At what cost of capital do the two NPV profiles cross?