23 Consider the data below Period 0 Cargo Precinct (500000) 200000 150000 300000 Product Alrport Terminals (450000) 420000 90000 18500 2 3 a. The firm's required rate of return is 12 percent. Compute the: 1. Net present value (4 Marks) 1. Internal rate of return of the following capital budgeting products. (4 Marks) b. Which investment would you consider if the products are independent? Justify your answer? (4marks c. Which product would you consider if the projects are mutually exclusive? Justify your answer (4 Marks) d. Given the results of your computation in part a, what should be the discounted payback period for each product? Give your answer in words. Can you tell what each project's MIRR ES? *Additional computations are not needed to answer this question. (5 marks) e. Compute the discounted payback period. (2 marks] 1. Suppose that a different firm also evaluates product cargo precinct. If its required rate of return is 15 percent, should this firm purchase the project? "No computations are needed to answer this question. (4 Marks)