mathxl.com Crand Canyon Univ..horngrens.accounti. Last in, first out Chegg Study | Guid Finance 350-TT-Instructor: Hall Ha Nguyen 11/27/17 6:37 PM Homework: Module 8: Chapter 10 Save Score: 0 of 5 pts P10-24 (similar to) All techniques-Decision among mutually exclusive investments Pound Industries is attempting to select the best of three mutually exclusive projects. The 70f 8 (3 complete) Hw Score: 20.42%, 8.17 of 40 pts Question Help * 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), 1to5 Project A $30,000 $10,000 Project BProject C $60,000 $21,500 $70.000 $21,000 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 8%. c. Calculate the internal rate of return (IRR) for each project. d. Indicate which project you would recommend. a. The payback period of project A is 3 years. (Round to two decimal places.) The payback period of project B is 3.33 years. (Round to two decimal places.) The payback period of project C is 2.79 years. (Round to two decimal places.) b. The NPV of project The NPV of project B is $ 13,846.91. (Round to the nearest cent,) A is $ 9,927.10. (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer Check Answer Clear All remaining