All techniques Decision among mutually exclusive investments with these projects are shown in the following table Pound Industries is attempting to select the best of three mutually exclusive projects. The initial investment and after-tax cash inflows associated Cash flows Initial investment (CF) Cash inflows (CF), t-1 to 5 45,000 Project A Project B $130,000$190,000 $56,500 Project C $170,000 S57,000 a. Calculate the payback period for each project. b. Calculate the net present value (VPI) 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