(b) Calculate the net present value for each project at a cost of capital of 12%. (For calculation purposes, use 5 decimal places as displayed in the factor table provided, e.g. 1.25124. If the net present value is negative, use either a negative sign preceding the number e-g. -45 or parentheses e.g. (45).) Click here to view the factor table. Net Present Value Project A $ Project B $ Project C $ Project D $ Save for Later Attempts: 0 of 1 used Submit AnswerQuestion 9 of 14 - /14 View Policies Current Attempt in Progress Coronado Ltd. is a small company that is currently analyzing capital expenditure proposals for the purchase of equipment. The capital budget is limited to $265,000, which Coronado believes is the maximum capital it can raise. The financial adviser is preparing an analysis of four projects that the company is considering, as follows: Project A Project B Project C Project D Net initial investment: $217,300 $201,400 $265,000 $222,600 Projected cash inflows: Year 1 $53,000 $42,400 $79,500 $79,500 2 53,000 53,000 79,500 79,500 3 53,000 74,200 63,600 63,600 4 53,000 79,500 84.800 42,400 5 53,000 79,500 106,000 21,200 (a) Calculate the cash payback period for each of the four projects. (Round answers to 1 decimal place, e.g. 15.5.) Cash payback period Project A years Project B years Project C years Project D years