Cash Flow A Cash Flow B Year 0 -45,000 90,000 1 17,000 19,000 23,000 2 24,000 19,000 35,000 4 5,000 250,000 WACC 10 % 1) Calculate the payback 2) Calculate the IRR 3) Calculate the NPV 4) Calculate the Profitability Index 5) If you could only choose one project, which would you choose? If year 2 had negative cash flows, how would the IRR calculation differ? 6)