Cummings Products is considering two mutually exclusive investments whose expected net cash flows are as follows:

Expected net cash flows

Year Project A Project B

0 -280 -430

1 -387 134

2 -193 134

3 -100 134

4 600 134

5 600 134

6 850 134

7 -180 134

a) what is each project's IRR? Round to 2 decimal places

b) Calculate the two projects' NPVs, if each projects cost of capital was 10%. round to nearest cent

c) Calculate the two projects' NPVs, if cost of capital was 18%. Round to nearest cent

d) what is each projects' MIRR at a cost of capital of 10% (Hint: Note that B is a 7-year project) round to 2 decimals

e) what is each projects' MIRR at a cost of capital of 18% (Hint: Note that B is a 7-year project) round to 2 decimals

f) what is the crossover rate? round to 2 decimals