Question: solve in detail using a table with formulas 6. Suppose you are evaluating two mutually exclusive projects, Thing 1 and Thing 2 , with the

6. Suppose you are evaluating two mutually exclusive projects, Thing 1 and Thing 2 , with the following cash flows: (a) If the cost of capital on both projects is 5%, which project, if any, would you choose? Why? (b) If the cost of capital on both projects is 8%, which project, if any, would you choose? Why? (c) If the cost of capital on both projects is 11%, which project, if any, would you choose? Why? (h) Internal rate of return (i) Modified internal rate of return, assuming reinvestment at 10% (j) Modified internal rate of return, assuming reinvestment at 14%
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