Need to answer the following exercise. It is important to get some recommendations.

Diego Corp.has three proyect under consideration. Tha cash flow for each of them are shown in the following table. The firm has a 16% cost of capital. Initial Investment Year 1 2 3 4 5 Project A $ 40,000 $ 13,000 13,000 13,000 13,000 13,000 Proyect B $ 40,000 Cash Inflows $ 7,000 10,000 13,000 16,000 19,000 Proyect C $ 40,000 $ 19,000 16,000 13,000 10,000 7,000 a. Calculate each proyect's payback period. Wich proyects is preferred according to this method? b. Calculate each proyect's net present value(NPV). Wich proyects is preferred according to this method? c. Calculate each proyect's internal rate of return(IRR). Wich proyects is preferred according to this method? d. Comment on your finding in a, b and c, and recommend the best proyect. Explain your recommendation. he following table. mendation