. Given the following cash flows for projects A and B and assuming a cost of capital of 10%:

Year Project A Project B

0 -100,000 -150,000

1 25,000 50,000

2 30,000 60,000

3 35,000 70,000

4 80,000 50,000

a. Use the net present value method to select the better of the two projects. (9 pts)

b. Use the payback period method to select the better of the two projects. (4 pts)

c. Calculate the MIRR for the above two projects? (9 pts)