B.) The NPV of project A is $ _ (Round to the nearest cent)

- The NPV of project B is $ _ (Round to the nearest cent)

- The NPV of project C is $ _ (Round to the nearest cent)

C.) The IRR of project A is _% (Round to the nearest cent)

- The IRR of project B is _% (Round to the nearest cent)

- The IRR of project C is _% (Round to the nearest cent)

D.) Indicate which project you would recommend. (Project A, B, C)

P10-24 (similar to) 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. Project B $160,000 $51,000 Project C $160,000 $51,500 Project A $120,000 $40,000 Cash flows Initial investment (CF) Am Cash inflows (CF), t = 1 to 5 . 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 12% c. Calculate the internal rate of return (IRR) for each project d. Indicate which project you would recommend. a. The payback period of project A is 3.0 years. (Round to two decimal places.) 'ou The payback period of project B is 3.14 years. (Round to two decimal places.) The payback period of project C is 3.11 years. (Round to two decimal places.) b. The NPV of project A is (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. parts remaining Clear All Check Answer iqu 8:57