NPV and IRR analysis of projects Thomas Company is considering two mutually exclusive projects. The firm, which has a cost of capital of 11%, has estimated its cash flows as shown in the following table: a. Calculate the NPV of each project, and assess its acceptability. b. Calculate the IRR for each project, and assess its acceptability. Data table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Project A $130,000 Project B $82,000 Initial investment (CF) Year (t) 1 2 3 4 5 Cash inflows (CF) $15,000 $40,000 $20,000 $30,000 $50,000 $15,000 $50,000 $10,000 $65,000 $25,000 Print Done a. The NPV of project A is $ (Round to the nearest cent.) According to the NPV method, is project A acceptable? (Select the best answer below.) No O Yes The NPV of project B is $ (Round to the nearest cent.) Is project B acceptable on the basis of NPV? (Select the best answer below.) Yes No b. The IRR of project Ais %. (Round to two decimal places.) . Is project A acceptable on the basis of IRR? (Select the best answer below.) No Yes The IRR of project B is %. (Round to two decimal places.) ) Is project B acceptable on the basis of IRR? (Select the best answer below.) Yes No