#1 Part 1: Find the payback in years(to the nearest hundredths place) for the following cash flow witha WACC of 4%:

TimePeriod                CashFlow                  Cumulative Out of Pocket

      0                               -100                                        -100

      1                                  40                                          -60

      2                                  50                                          -10

      3                                  20                                         +10

      4                                  70                                         +80

#1 Part 2: Find the discounted paybackin years (to the nearest hundredths place) for the following cashflow with a WACC of 12%. Hint: interpolation must be used and Ihave started the table for you.

TimePeriod                CashFlow                  PV of Cash Flow       Cumulative

        0                             -100                             -100                          -100

        1                                 40                            35.71                       -64.29

        2                                 50                                   ?                                ?

        3                                 20                                   ?                                ?

        4                                 70                                   ?                                ?                       

Reminder, your payback numbers are inunits of years.

#2 Calculate the MIRR of the cashflows of the project below. Assume both the finance rate and thereinvestment rate are 5%

TimePeriod                Cash Flow

        0                            -100

        1                               20

        2                               80

        3                               90