Answer each Independent question, $($a$)$ through $($e$),$ below.

a$.$ Project A costs $$5,500$ and will generate annual after$-$tax net cash Inflows of $$2,600$ for $5$ years. What Is the payback

perlod for this investment under the assumption that the cash Inflows occur evenly throughout the year? $($Round your

answer to $2$ declmal places.$)$

b$.$ Project B costs $$5,500$ and will generate after$-$tax cash Inflows of $$660$ in year $1,$$$1,400$ in year $2,$$$2,400$ in year $3,$

$$2,700$ In year $4,$ and $$2,400$ In year $5.$ What is the payback perlod $($In years$)$ for this Investment assuming that the cash

Inflows occur evenly throughout the year? $($Round your answer to $2$ decimal places.$)$

c$.$ Project $C$ costs $$5,500$ and will generate net cash Inflows of $$3,000$ before taxes for $5$ years. The firm uses straight$-$

IIne depreciation with no salvage value and is subject to a $30\%$ tax rate. What is the payback perlod under the

assumption that all cash inflows occur evenly throughout the year? $($Round your answer to $2$ decimal places.$)$

d$.$ Project D costs $$5,500$ and will generate sales of $$4,400$ each year for $5$ years. The cash expenditures will be $$1,700$

per year. The firm uses straight$-$line depreclation with an estimated salvage value of $$700$ and has a tax rate of $30\%.$

$(1)$ What Is the accounting $($book$)$ rate of return based on the original Investment? $($Round your answer to $2$ decimal

places.$)$

$(2)$ What is the book rate of return based on the average book value? $($Round your answer to $2$ decimal places.$)$

Use the bullt$-$In NPV function in Excel to calculate the amounts for projects a through d$.($Round your answers to the

nearest whole dollar amount.$)$

e$1.$ What is the NPV of project A$?$ Assume that the firm requires a minimum after$-$tax return of $7\%$ on investment.

e$2.$ What is the NPV of project B$?$ Assume that the firm requires a minimum after$-$tax return of $7\%$ on Investment.

e$3.$ What is the NPV of project C$?$ Assume that the firm requires a minimum after$-$tax return of $7\%$ on Investment.

e$4.$ What Is the NPV of project D$?$ Assume that the firm requires a minimum after$-$tax return of $7\%$ on Investment.