Given the following financial data for project X (3-year projects): Cash flows for X: Year 0 Year 1 Year 2 Year 3 Project X CFs($) -10,000 5,000 4,000 4,000 Assume that the cost of capital (WACC) is 12%. Information about the other projects Y & Z Criterion Project Y Project Z Payback Period 2.56 years 3 years NPV $678.98 $282.24 IRR 15.19% 16% MIRR 14.48% 15%

1. NPV for Project X is *

a. -$500.2

b. $500.2

c. $3,000

d. $-3,000

e. None of the above

2. MIRR for Project X is *

a. 12.38%

b. 9.5%

c. 31.38%

d. 13.83%

e. None of the above

3. The regular payback period for Project X is *

a. 2.1 Years

b. 2 Years

c. 1.93 Years

d. 2.25 Years

e. None of the above

4. The Discounted payback period for Project X is *

a. 2.25 Years

b. 1.64 Years

c. 2.82 Years

d. 3 Years

e. None of the above

5. Assuming the three projects X, Y & Z are independent, based on NPV criteria we choose: *

a. Only Z

b. X & Z

c. X, Y & Z

d. None

e. None of the above

6. Assuming the three projects X, Y & Z are mutually exclusive, based on NPV criteria we choose: *

a. only Z

b. only Y

c. X, Y & Z

d. Y and Z

e. None of the above

7. Assuming the three projects X, Y & Z are independent, based on MIRR criteria we choose: *

a. Only Z

b. X , Y & Z

c. X & Z

Y and Z

e. None of the above

8. Assuming the three projects X, Y & Z are mutually exclusive, based on MIRR criteria we choose: *

a. Only X

b. Only Z

c. X, Y & Z

Y and Z

e. None of the above

9. If IRR for X is 15.02%, and the three projects X, Y & Z are Independent then based on IRR criteria we can choose: *

a. Only Z

b. X & Z

c. X, Y & Z

d. Y and Z

e. None of the above

10. Assume all projects are mutually exclusive, based on the Payback Period we should choose: *

a. Only X

b. Only Y

c. Only Z

d. ALL

e. None of the above