2. Gio's Restaurant is considering a project with the following expected cash flows: Year Project 1 CFs Project 2 CFs -$200,000 70,000 50,000 75,000 70,000 50,000 -$200,000 45,000 60,000 60,000 0 70,000 4 80,000 Calculate the NPV of two projects at the discount rate of 15%. Ifthese are mutually exclusive projects, which one should you choose? Calculate the payback period of two projects. If they are mutually exclusive projects, which one should you choose? a. b. c. Calculate the IRR of two projects using trial and error approach