(Ignore income taxes in your calculations.) a) Compute the payback period for the equipment. Please make sure your final answer(s) are accurate to 2 decimal places. Payback period = b) If the company requires a payback period of eiaht years or less, would the equipment be purchased? Beamer Co. is considering two projects. Their required rate of return is 14%. a) Compute the present value factor and the IRR for the two projects. Please make sure your final answers for the present value factor are accurate to 3 decimal places and the ones for the IRR are accurate to the nearest whole percent. b) Which project would Beamer Co. most likely invest in? Project A Project B Neither