Treats
Food
Toys
Cash Flows
Initial Investment
$      4,000,000
$      3,800,000
$                     
4,400,000
1
$      1,200,000
$         800,000
$                     
2,300,000
2
$      1,400,000
$      1,000,000
$                     
1,900,000
3
$      1,500,000
$      1,700,000
$                     
1,000,000
4
$      1,800,000
$      2,200,000
$                        
800,000
Std. Deviation of IRR
10%
8%
12%
1.
Calculate Payback Period, NPV, IRR, and MIRR for all projects.
Which
project(s) should the firm accept? Explain in detail the reasons
for your recomendation.