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(2) A firm has a WACC of 11.43% and is deciding between two mutually exclusive projects. Project A has an initial investment of $60.56. The

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(2) A firm has a WACC of 11.43% and is deciding between two mutually exclusive projects. Project A has an initial investment of $60.56. The additional cash flows for project A are: year 1 = $18.42, year 2 = $35.83, year 3 = $41.50. Project B has an initial investment of $70.00. The cash flows for project B are: year 1 = $50.08, year 2 = $42.62, year 3 = $28.46. Calculate the following: a) Payback period for Project A: (2 points) b) Payback Period for Project B: (2 points) c) NPV for Project A: (2 points) d) NPV for Project B: (2 points)

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