All techniques-Decision among mutually exclusive investments Pound Industries is attempting to select the best of three mutually exclusive projects. The initial investment and after-tax cash inflows associated with these projects are shown in the following table. Cash flows Initial investment (CF) Cash inflows (CF), t-1 to 5 Project A $110,000 $35,000 Project EB $150,000 Project C $160,000 S46,000S47,500 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 (RR) for each project d. Indicate which project you would recommend