a$.$ Calculate each project's payback period.

b$.$ Calculate the net present value $($NPV$)$ for each project.

c$.$ Calculate the internal rate of return $($IRR$)$ for each project.

d$.$ Indicate which project you would recommend.

a$.$ The payback period of project $A$ is years. $($Round to two decimal places.$)$

The payback period of project $B$ is years. $($Round to two decimal places.$)$

Data table

b$.$ The NPV of project A is $$.($Round to the nearest cent.$)$

$($Click on the icon here in order to copy the contents of the data table below

The NPV of project B is $$,($Round to the nearest cent.$)$

into a spreadsheet.$)$

c$.$ The IRR of project $A$ is $\%.($Round to two decimal places.$)$

The IRR of project B is $[\%.($Round to two decimal places.$)$

d$.$ Which project will you recommend? $($Select the best answer below.$)$

A$.$ Project $B$

B$.$ Project $A$