5-A company is evaluating three potential projects. Given the information in the table below, the fact that the firm can invest no more than $30 million and the projects are independent, and the required rate of return is 10% , the firm should invest in: Projects (S in millions) 2 Year -27 -14 -15 0 65 38 24 1 90 60 45 2 106.47 44.01 70.13 NPV 6-Consider the following cash flows associated with a project your firm is considering. Cash Flow ($) S-150,000 End of Year 40,000 40,000 40,000 20,000 20,000 2 3 4 6 20,000 10,000 10,000 7 8 The appropriate discount rate for this project is 8 percent. Calculate the project's IRR. b. Calculate the project's NPV. a. 7-A company has the following three independent investment projects available this year. The firm's cost of capital is 12 %. Project Initial cost Year 1 CF C A -$45,000 $15,000 $14,000 $13,000 $12,000 -$45,000 $12,000 $13,000 $14,000 $15,000 -$35,000 $10,000 $11,000 Year 2 CF Year 3 CF Year 4 CF $12,000 S13,000 Which projects are acceptable? Why? a. b. What is your decision if the projects are mutually exclusive