Consider the following investment opportunities and their associated cash flows: Year. 0 Year 1 Year 2 Year 3 Deal A Deal B Deal C (Investment) 66,000 30,000 13,000 8,000 15,000 13,000 7,000 14,00013,000 70,000 30,000 30,000 Suppose the projects are mutually exclusive and the firm can raise any amount of capital needed at a cost of 11% per year. a) Find the NPV of each project. Based on your analysis, which project should be taken? b) Find the IRR of each project. Which project has the best IRR? c) Which project has the shortest payback period? d) Why is there a difference between how these three methods would rank the projects? (include the ranking of B and C in your discussion). Which project would you recommend to the client? Now suppose that the projects are independent and can be carried out in parallel if desired. e) If the firm can raise as much capital as it needs at 11% a year, which project(s) f) If the firm has a fixed capital budgeting of $60,000, which project(s) should it should be undertaken and why? undertake and why