N.B Please Explain Every Question properly.

9. Year Project IUB Project NSU 0 (9,000) (8,000) 1 12,000 9,500 2 (0) (1,000) 3 8,000 14,000 1. Calculate Payback period (PBP) for both project 2. Assume both projects are mutually exclusive, based on PBP which project should be selected. 3. Calculate NPV of both project, assume cost/K is 11% 4. BASED on NPV which project should be selected, Assume both projects are mutually exclusive, 5. Calculate the IRR of both project 6. BASED on IRR which project should be selected