Explain the difference between MIRR and IRR and when you would use MIRR. b) Find the payback and discount payback periods for these projects What is the usefulness of the payback and discounted payback methods? Are either of them useful for project decision making? \begin{tabular}{|l|r|r|} \hline c) Find the Crossover Point & Year \\ \hline Step i) Calculate the difference & 0 & 0 \\ \hline between Franchise L \& S Cashflows & 1 & 55 \\ \hline & 2 & 10 \\ \hline \end{tabular} Step ii) Find the Crossover rate for these Cashflow Differences Crossover Rate = Explain what a crossover rate is. d) In an unrelated analysis, you have the opportunity to choose between the following two mutually exclusive projects. Mutually Exclusive Decision CalculateEAA=NPV= e) A different project being considered has the following Cash Flows Discountrate=NPV=IRR=10%012DecisionYear(800,000)5,000,000(5,000,000)ProjectX Explain why the decisions are contradictory, and explain which technique you should trust