a. Calculate the payback period for each project. b. Calculate the net present value (NPV) of each project, assuming that the firm has a cost of capital equal to 9%. 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 rears. (Round to two decimal places.) The payback period of project C is years. (Round to two decimal places.) b. The NPV of project A is : (Round to the nearest cent.) The NPV of project B is $ (Round to the nearest cent.) The NPV of project C is $ (Round to the nearest cent.) c. The IRR of project A is X. (Round to two decimal places.) The IRR of project B is \%. (Round to two decimal places.) The IRR of project C is %. (Round to two decimal places.) d. Which project would you recommend? (Select the best answer below.) 'A. Project A B. Project C C. Project B