Problem #$2$:

A firm with a $10\%$ WACC is evaluating two projects for this year's capital budget. After$-$tax cash flows are as follows:

$\backslash$table$[[,0,1,2,3,4,5],[$project A$,-$$$7,000,2,500,3,500,4,000,4,500,5,500],[$Project B$,-$$$19,000,7,600,6,600,8,000,7,200,8,000]]$

Please answer the following questions:

Calculate Net Present Value $($NPV$)$ for both projects. $(4$ points$)$

Calculate IRR for both projects. $(4$ points$)$

Calculate MIRR for both projects $($assuming a reinvestment rate of $10\%).(8$ points$)$

Calculate regular $($not discounted$)$ payback period for both projects. $(4$ points$)$

If the projects are mutually exclusive, which would you recommend and why? $(6$ points$)$