d. If the two projects are mutually exclusive and the cost of capital is 11%, which project should the firm undertake? [Hint: Consider the best criterion in case of conflict, if any.] [ 2 points] e. What is the crossover rate? [Hint: Find IRR of CF differences between two projects.] [2 points] f. The CEO believes the IRR is the best selection criterion, while the CFO advocates the NPV. If the decision is made by choosing the project with the higher IRR rather than the one with the higher NPV, how much, if any, value will be forgone, i.e., what's the chosen NPV versus the maximum possible NPV for the C0C of 7.5% ? Note that (1) "true value" is measured by NPV, and (2) under some conditions the choice of IRR vs. NPV will have no effect on the value gained or lost. [ 2 points]