b. Find each projects's NPV profiles for the two projects. Identify each projects' IRRs and approximate cross-over point. Explain the significance of the cross-over points. For instance, is it better to switch from one project to another, just because the WACC changed?

\begin{tabular}{|c|c|c|c|} \hline & & \multicolumn{2}{|c|}{ Expected net cash flows } \\ \cline { 2 - 3 } & Time & Project A & Project B \\ \hline 0 & ($50) & ($50) \\ \hline 1 & $10 & $25 \\ \hline 2 & $15 & $15 \\ \hline 3 & $20 & $13 \\ \hline 4 & $25 & $11 \\ \hline 5 & $7 & $7 \\ \hline \end{tabular} You need to find the NPV, IRR, MIRR, Discounted Payback and NPV profile in this question. a. Calculate the projects' NPVs, IRRs, MIRRs, and discounted paybacks. \begin{tabular}{ll} WACC = & 12% \\ \hline NPVA= & $4.98 \\ NPVB= & $4.50 \\ \hline \end{tabular} Project B \begin{tabular}{|l|r|r|r|r|r|r|} \hline Time period: & 0 & 1 & 2 & 3 & 4 & 5 \\ \hline Cash flow: & 50 & 10 & 15 & 20 & 25 & 7 \\ \hline PV cash flow: & & 8.93 & 11.96 & 14.24 & 15.89 & 3.97 \\ \hline Disc cumul cash flow: & 8.93 & 20.89 & 35.12 & 51.01 & 54.98 \\ \hline \end{tabular} Payback kA: \begin{tabular}{|r|} \hline 8.36 \\ \hline \end{tabular} \begin{tabular}{ll|} \hline IRRA= & 15.77% \\ IRR3= & 16.46% \\ \hline & \\ \hline Reinvestment rate is 8%. \\ \hlineM1RRA= & 12.43% \\ M1RR3= & 11.70% \\ \hline \end{tabular} b. Find each projects's NPV profiles for the two projects. Identify each projects' IRRs and approximate cross-over point. Explain the significance of the cross-over points. For instance, is it better to switch from one project to another, just because the WACC changed