For the following two projects, determine the Payback Period Discounted Payback Net Present Value Profitability Index (Benefit-Cost Ratio) Internal Rate of Return Modified Internal Rate of Return es Note that Project A is a Highest risk project while Project B is of Average risk. as Assume your firm is in the 40% tax bracket, and that your cost of capital is 13%. (a) 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