Please note this CLA 1 assignment consists of two separate parts. The first part gives the cash flows for two mutually exclusive projects and is not related to the second part. The second part is a capital budgeting scenario.
Part I
Please calculate the payback period, IRR, MIRR, NPV, and PI for the following two mutually exclusive projects. The required rate of return is 15% and the target payback is 4 years. Explain which project is preferable under each of the four capital budgeting methods mentioned above:
Table 1
Cash flows for two mutually exclusse projects
lYeafl Investment A Investment B
1 0 1 -55,000,000 | -5,000,000
LU SI,500,000 | SI,250,000
1 2 1 SI.500,000 | SI,250,000
1 3 1 SI,500,000 | S 1,250,000
LU SI,500,000 | 51,250,000
1 5 1 SI,500,000 | SI,250,000
1 6 1 SI,500,000 | Sl,250,000
7 | S2,000,000 | S 1,250,000
1 8 1 0 SI,600,000
Part 2
Please study the following capital budgeting project and then provide explanations for the questions outlined below:
You have been hired as a consultant for Pristine Urban-Tech Zither, Inc. (PUTZ), manufacturers of fine zithers. The market for zithers is growing quickly. The company bought some land three years ago for $2.1 million in anticipation of using it as a toxic waste dump site but has recently hired another company to handle all toxic materials. Based on a recent appraisal, the company believes it could sell the land for S2.3 million on an after-tax basis. In four years, the land could

APA format.
about 7-8pages not including the chart.
MUST CITED: Ross, S. A., Westerfield, R. W., & Jordan, R. D. (2018). Fundamentals of corporate finance (12th ed.). McGraw-Hill