= Homework: Homework 4 Question 10, P10-24 (SI. Part 1 of 10 HW Score: 37.09%, 11.13 of 30 points O Points: 0 of 3 O Save All techniques-Decision among mutually exclusive investments Pound Industries is attempting to select the best of three mutually exclusive projects. The initial investment and after-tax cash inflows associated with these projects are shown in the following table, Cash flows Initial investment (CF) Cash inflows (CF),t=1 to 5 Project A $100,000 $35,000 Project B $150,000 $ $46,000 $ Project C $160,000 $47,000 a. Calculate the payback period for each project. b. Calculate the net present value (NPV) of each project, assuming that the firm has a cost of capital equal to 9%. c. Calculate the internal rate of return (IRR) for each project. d. Indicate which project you would recommend. - a. The payback period of project Ais years. (Round to two decimal places.) M D 2 + 7:50 hp Dll o $ 96 A & 3 4 5 6 7 8 be