Homework: Module 8: Chapter 10 Score: 0 of 5 pts P10-21 (similar to) Save 6 of 8 (0 complete Hw Score: 0%, 0 of 40 pts Question Help * All techniques, conflicting rankings Nicholson Roofing Materials, Inc., is considering two mutually exclusive projects, each with an initial investment of $110 000 The company's board of directors has set a 4-year payback requirement and has set its cost of capital at 11%, The cash inflows assocated with the two projects are shown in the following table: a. Calculate the payback period for each project. Rank the projects by payback period b. Calculate the NPV of each project. Rank the project by NPV c. Calculate the IRR of each project. Rank the project by IRR d. Make a recommendation. a. The payback period of project A is years (Round to two decimal places) Enter your answer in the answer box and then click Check Answer. parts remaining Clear A heck