Please complete this practice problem by using the 2 images below. Please write cleary and everything in order. Thank you 6. Problem 11.06 (NPV)eBook8 Problem Walk-ThroughYour division is considering two projects with the following cash flows (in millions):Project AProject B0ㅏ-$17-$261+$8$13a. What are the projects' NPVs assuming the WACC is 5%? Enter your answer in millions. For example, an answer of $10,550,000 should be entered as 10.55. Negative values, if any, should be indicated by a minus sign. Do not round intermediatecalculations. Round your answer to two decimal places.millionmillion2+$8$10Project A: $Project B: $What are the projects' NPVs assuming the WACC is 10%? Enter your answer in millions. For example, an answer of $10,550,000 should be entered as 10.55. Negative values, if any, should be indicated by a minus sign. Do not round intermediatecalculations. Round your answer to two decimal places.millionProject A: $Project B: $millionWhat are the projects' NPVs assuming the WACC is 15%? Enter your answer in millions. For example, an answer of $10,550,000 should be entered as 10.55. Negative values, if any, should be indicated by a minus sign. Do not round intermediatecalculations. Round your answer to two decimal places.millionmillion%3Project A: $Project B: $b. What are the projects' IRRs assuming the WACC is 5%? Do not round intermediate calculations. Round your answer to two decimal places.%H$3$9Project A:Project B:What are the projects' IRRs assuming the WACC is 10%? Do not round intermediate calculations. Round your answer to two decimal places.Project A:Project B:What are the projects' IRRS assuming the WACC is 15%? Do not round intermediate calculations. Round your answer to two decimal places.%% b. What are the projects' IRRS assuming the WACC is 5%? Do not round intermediate calculations. Round your answer to two decimal places.Project A:Project B:What are the projects' IRRS assuming the WACC is 10%? Do not round intermediate calculations. Round your answer to two decimal places.Project A:Project B:What are the projects' IRRS assuming the WACC is 15%? Do not round intermediate calculations. Round your answer to two decimal places.Project A:Project B:c. If the WACC was 5% and A and B were mutually exclusive, which project would you choose? (Hint: The crossover rate is 20.19%.)-Select--Select-%%-Select-%%%If the WACC was 10% and A and B were mutually exclusive, which project would you choose? (Hint: The crossover rate is 20.19%.)%If the WACC was 15% and A and B were mutually exclusive, which project would you choose? (Hint: The crossover rate is 20.19%.)

NPV (Net Present Value) is a financial measure determining the profitability of an investment by comparing the present values of incoming and outgoing cash flows over time.IRR (Internal Rate of Return) is a metric assessing investment profitability by finding the discount rate that results in a net present value of future cash flows equal to zero.Formula Snip:Solution:Note: The calculation of IRR (Internal Rate of Return) is unaffected by the Weighted Average Cost of Capital (WACC). Consequently, the IRR remains constant, whether the WACC is set at 5%, 10%, or 15%. This stability arises from the fact that the IRR depends solely on the discount rate that equalizes the present values of cash inflows and outflows, making it an independent measure of investment profitability irrespective of the company's overall cost of capital.At a WACC of 5%, Project B would be accepted with a higher NPV of $3.23 million, outperforming Project A's NPV of $0.47 million.With a WACC of 10%, Project B would be accepted, showcasing a positive NPV, while Project A grapples with a negative NPV.In the scenario of a 15% WACC, neither project boasts a positive NPV. However, Project B stands out by having a comparatively less negative NPV than Project A, making it the more favorable option under these circumstances.a) At WACC 5%,NPV of Project A is $0.47 millionNPV of Project B is $3.23 millionAt WACC 10%,NPV of Project A is $-0.86 millionNPV of Project B is $0.84 millionAt WACC 15%,NPV of Project A is $-2.02 millionNPV of Project B is $-1.22 millionb) IRRAt all WACC,IRR of Project A is 6.68%IRR of Project B is 11.96%c) The evaluation of Projects A and B at varying WACC levels consistently underscores Project B's superiority. With a higher NPV at 5% WACC and a positive NPV at 10%, Project B demonstrates resilience, even when faced with a 15% WACC, where its relatively less negative NPV positions it as the preferred choice over Project A.