Question 15 5 pts Pet World is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR can be less than the WACC (and even negative), in which case it will be rejected. Year 0 1 2 3 4 5 Cash flows $9,500 $2,000 $2,025 $2,050 $2,075 $2,100 O 3.10% O 2.82% O 2.31% 0 2.08% O 2.57% Question 16 4 pts Computer Consultants Inc. is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's MIRR can be less than the WACC (and even negative), in which case it will be rejected. WACC: 10.00% Year 0 1 N 3 Cash flows -$1,000 $450 $450 $450 O 10.35% O 12.78% O 9.32% 14.20% O 11.50% 5 pts Question 17 Carolina Company is considering Projects S and L, whose cash flows are shown below. These projects are mutually exclusive, equally risky, and are not repeatable. If the decision is made by choosing the project with the higher IRR, how much value will be forgone? WACC: 7.75% Year 0 1 2 3 4 CFS -$1,050 $675 $650 CFL -$1,050 $360 $360 $360 $360 O $19.35 O $11.45 O $14.63 O $16.82 O $12.72