2. Consider the following streams of cash flows for projects A and B which you, as the capital budgeting manager for your firm, have been asked to evaluate. The required return for both 2b projects is 12%. Use the information to answer questions 2a and Year CASH FLOWFOR S 150,000 100, 000 75, 000 Pro ect B s 50, 000 35, 000 30,000 2a. Calculate the present value of project A. (9 pt) 2b. Calculate the Future Value of the cash flows for project B. Assume quarterly compounding. (8 pt) 2c The Corner Bank is offering you a credit card with an APR of cent. The bank compounds the interest rate on a quarterly 16 per basis. What is the effective annual rate? (5 pt)