NPV and IRR analysis of projectsThomas 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:LOADING....

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 Project B Initial investment $140,000 $108,000 (CF) Year (1) Cash inflows (CFt) $20,000 $60,000 2 $35,000 $45,000 3 $50,000 $25,000 $50,000 $10,000 5 $65,000 $15,000 1 4 Print Done