explain part i please and part k if possible as well

1) Capital budgeting criteria. Your divis: and the project's afler-tax cash flows (in a) Calculate the project's NPVs, IRRs, MIRRs, regular paybacks and discounted paybacks. ($7.74,19.19%,16.50%,3 years, 3.43 years) ($6.55,22.52%,15.57%,2 years, 2.59 years) b) If the two projects are independent, which project(s) should be chosen? c) If the two projects are mutually exclusive and the W ACC is 10 percent, which project should be chosen? d) Sketch the NPV profiles for the two projects. Identify the projects' IRRs on the graph. e) If the WACC were 5 percent, would this change your recommendation if the projects were mutually exclusive? If the WACC were 15 percent, would this change your recommendation? Explain your answers. f) The "crossover rate" is 13.5252 percent. Explain in words what this rate is and how it affects the choice between mutually exclusive projects. g) Is it possible for conflicts to exist between the NPV and the IRR when independent projects are being evaluated? Explain your answer. h) Now, just look at the regular and discounted paybacks. Which project looks better when judged by the paybacks? i) If the payback were the only method a firm used to accept or reject projects, what payback should it choose as the cutoff point, that is, reject projects if their payouts are not below the chosen cutoff? Is your selected cutoff based on some economic criteria or is it more or less arbitrary? Are the cutoff criteria equally arbitrary when firms use the NPV and/or the IRR as the criteria? j) Define the MIRR. What's the difference between the IRR and the MIRR, and which generally gives a better idea of the rate of retum on the investment in a project? k) Why do most academics and financial executives regard the NPV as being the single best criterion, and better than the IRR? Why do companies still calculate IRRs? 2) Capital budgeting criteria. A company has 12 percent WACC and is considering two mutually exclusive investments with the following net cash flows