4. All techniques, conflicting rankings Nicholson Roofing Materials, Inc., is considering Chapter each with an initial investment of $160,000. The company's board of directors has set a 4-year payback requireme has set its cost of capital at 9%. The cash inflows associated with the two projects two mutually exclusive projects nt and are shown in the following table: a. Calculate the payback period for each project. Rank the projects by payback period. b. Calculate the NPV of each project. Rank the project by NPV. c. Calculate the IRR of each project. Rank the project by IRR d. Make a recommendation. a. The payback period of project A is years. (Round to two decimal places.) of project B is_ years. (Round to two decimal places.) According to the payback method, which project should the firm choose? (Select the best answer below.) O A. Project B O B. Project A b. The NPV of project A is $ The NPV of project B is $ According to the NPV method, which project should the firm choose? (Select the best answer below.) O A. Project B . (Round to the nearest cent.) (Round to the nearest cent.) O B. Project A c. The IRR of project A is The IRR of project B is According to the IRR method, which project should the firm choose? (Select the best answer below.) OA, Project B %, (Round to two decimal places.) %. (Round to two decimal places.) O B. Project A d. Which project will you recommend? (Select the best answer below.) O Project A O Project B 2: Data Table (Click on the icon located on the top-right comer of the data table below in order to copy its contents into a spreadsheet.) Cash Inflows (CF) Project A $50,000 S $50,000 $50,000 $50,000 $50,000 $50,000 Project B $65,000 $50,000 $40,000 $40,000 $40,000 $40,000 Year