Carl Limited is considering which of three projects it should undertake. The initial investment will be 15,000, and the cost of capital is 8 %. The scrap/residual value at the end of the project period will be 2,000. The net after tax cash flows of the projects are as follows: Project A Project B Year 1 Year 2 Year 3 Year 4 Year 5 Required: 4,000 6,000 5,000 5,000 5,000 4,000 3,600 Project C 4,000 5,000 3,000 5,000 1,400 (a) Calculate the, the Payback Period, and the net Present Value of for each project.