Question: This is all that has been provided 15. Problem 10-21 (Payback, NPV, and MIRR) I.J Payback, NPV, and MIRR Your division is considering two investment

This is all that has been provided

This is all that has been provided 15. Problem
15. Problem 10-21 (Payback, NPV, and MIRR) I.J Payback, NPV, and MIRR Your division is considering two investment projects, each of which requires an up-front expenditure of $28 million. You estimate that the cost of capital is 11% and that the investments will produce the following after-tax cash flows (in millions of dollars): Year ProjectA Project B 1 5 20 2 10 10 3 15 8 4 20 6 a. What is the regular payback period for each of the projects? Round your answers to two decimal places. Project A: yea rs Project B: yea rs b. What is the discounted payback period for each of the projecls? Do not round intermediate calculations. Round your answers to two decimal places. Project A: yea rs Project B: yea rs c. If the two projects are independent and the cost of capital is 11%, which project or projects should the firm undertake? The firm should undertake -Select : d. If the two projects are mutually exclusive and the cost of capital is 5%, which project should the firm undertake? The firm should undertake . e. If the two projects are mutually exclusive and the cost of capital is 15%, which project should the firm undertake? The firm should undertake . f. What is the crossover rate? Round your answer to two decimal places. % g. If the cost of capital is 11%, what is the modified IRR (MIRR) of each project? Do not round intermediate calculations. Round your answers to two decimal places. Project A: \"/0 Project B: %

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