David's Tractor Supplies, Inc. For the following two projects, determine the R Payback Period (2) Discounted Payback cR Net Present Value cs Profitability Index (Benefit-Cost Ratio) 2 Internal Rate of Return @ Modified Internal Rate of Return 8 Note that Project A is a Highest risk project while Project B is of Average risk. c2 Assume your firm is in the 40% tax bracket, and that your cost of capital is 13%. Q8 The firm adjusts its projects with risk adjusted discount rates to account for project risks. The firm's project risk schedule is applied as follows