All techniques with NPV profile-Mutually exclusive projects Projects A and B, of equal risk, are alternatives for expanding Rosa Company's capacity. The firm's cost of capital is 16%. The cash flows for each project are shown in the following table: 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. Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Initial investment Project A $200,000 Project B $160,000 (CFO) Year (t) Cash inflows (CF+) 1 $50,000 $50,000 2345 $55,000 $50,000 $60,000 $50,000 $65,000 $50,000 $70,000 $50,000 -