1. Periodic net cash flows of A project and B project are presented below. Investment expenditures of A & B project are TL 8.000 and TL 14.000, respectively. Period (year) A Project B Project 0 -8.000 -13.000 2.000 4.000 2 2.200 4.000 3 2.400 4.000 6.600 5.000 2.000 2.000 4 5 The firm's cost of capital (discount rate) is 10% in evaluating the projects. a) Calculate payback period of A Project as year and month. Show all calculations in detail on the table or you can draw time line(12 points) b) Calculate Net Present Value (NPV) of A Project. Decide whether this project is accepted or not. Explain the reason in terms of NPV method(12 points) c) Calculate Profitability Index (PI) of B Project. Decide whether this project is accepted or not. Explain the reason in terms of PI method(12 points) d) Calculate discounted payback period of B Project. Show all calculations in detail on the table or you can draw time line(14 points)