Daryl kearns saved $270.000 duning the 25 years that he worked for a mays corporation. Now he has retiod a be age of 50 and har begun to draw a comfortable pension cheek every moeth. He wants to ensure the fasncal security of his vetienent by hivecting his following table presents the estmated cash inflows for the two aternativesi of 57 (Use appropriate factor(s) from the tables provided.) Required a. Compate the net present valive of esch opportunity. Which should Mr. Ke Mrm adopt based on the ret piesent value aoproach? b. Compute the paybuck perfod fer esch epportunity. Which should M. Kears adfop based en the perbback approsen? Anawer is not cempleta. Complete this questlon by entering your answers la the tish belew. Mic Kearns decides to use his past average return on mutual fund investments as the discount rate; it is 10 percent (PYY or $1 and PyA of 51) (Use appropriate factor(s) from the tables provided.) Required a. Compute the net present value of each opportunity. Which should Mr. Kearns adopt based on the net present value approoch? b. Compute the payback period for each opportunity. Which should Mr, Kearns adopt based on the payback approach? 8) Answer is not complete. Complete this question by entering your answers in the tabs below. Compute the net present value of each opportunity. Which should Mr. Kearns adopt based on the net present value approach? (Round your intermediate calculations and finat answer to two decimal places.) Required a. Compute the net present value of each opportunity. Which should Mr, Kearns adopt based on the net present value approoch? b. Compute the payback period for each opportunity. Which should Mr. Kearns adopt based on the payback spproach? (3) Answer is not complete. Complete this question by entering your answers in the tabs below. Compute the payback period for each opportunity. Which should Mr. Kearns adopt based on the payback approach