2) Assess the following investment projects using alternative investment appraisal criteria assuming that the cost of capital is 12 per cent: a. Using payback period rule, which is a better project Final Answer Payback for Project A: Final Answer Payback for Project B: Final Answer Which is the better project : Referring to the data in Question 2 (Marks 3) b. Calculate incremental IRR. Using incremental IRR which is a better project