Assume that you are the CFO at Memorial Hospital. The CEO has asked you to analyze two proposed capital investments - project Alpha and project Beta. Each project requires a net investment outlay of $155,000, and the cost of capital for each project is 9.5 percent. The projects' expected net cash flows are as follows: Year 0 1 2 3 4 5 Project A S (155,000) $97.500 $ 45,000 $ 45,000 S 15.000 $ 12,000 Project S (155.000) S 40.000 s 40,000 S 40,000 s 40,000 s 40,000 a. Calculate each project's payback period, net present value (NPV), and the internal rate of return (IRR). b. Which project is financially acceptable? Explain your answer. 6:36 PM 121