(Net present? value, profitability? index, and internal rate of return? calculations) You are considering two independent? projects, Project A and Project B. The initial cash outlay associated with Project A is ?$53,000 and the initial cash outlay associated with Project B 68,000. The discount rate on both projects is 11.2 percent. The expected annual cash flows from each project are as? follows:

Year Project A $(53,000) 11,000 11,000 11,000 11,000 11,000 11,000 Project B $(68,000) 12,000 12,000 12,000 12,000 12,000 12,000 4 Calculate the NPV, Pl, and IRR for each project and indicate if the project should be accepted or not