Answer the question using the provided information. Show complete and proper solution.

Answer the questions using the provided information. Showcomplete and proper solution. The Rowbox is currentlyevaluating three projects. The company' scostof capital is 15% and the risk free rate is at 10%. The Finance department currently forecasted the following cashflow of each project together with the risk index as shown below: Initial Cashoutflows $ Year A 15,000.00 $ 11,000.00 $ 19,000.00 Cash Inflows Cash Outflows Cash Inflows Cash Outflows Cash In flows Cash Outflows 1$ 10,000.00 $ 4,000.00 $ 6,000.00 $ 2.000.00 4.000.00 $ 10,000.00 $ 4,000.00 2 10,000.00 7,000,00 3,000.00 8,000.00 2,000.00 3 4,000.00 4,000.00 1,000.00 5.000.00 10.000.00 10.000.00 Projects B 4,000.00 4.000.00 9,000.00 3.000.00 12000.00 17,000.00 Risk Index 1.80 1. How long is the payback period of each project? 2. Using the company scostof capitalwhat is the Net Present Value of each project? 3. Using RADRwhat would be the Risk-Adjusted NPVofeachproject? 4. Using the Risk-Adjusted NPV, which project/s would yourecommend assuming that the three projects are independent projects and the company currently have $35,000 budget? 1.00 0.60