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(NPV, PI, and IRR calculations) You are considering two independent projects, project A and project B. The initial cash outlay associated with project A is

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(NPV, PI, and IRR calculations) You are considering two independent projects, project A and project B. The initial cash outlay associated with project A is $50,000, and the initial cash outlay associated with project B is $70,000. The required rate of return on both projects is 9 percent. The expected annual free cash inflows from each project are in the popup window: L. Calculate the NPV, PI, and IRR for each project and indicate if the project should be accepted. X Data Table into a spreadsheet.) Initial Outlay Inflow year 1 Inflow year 2 Inflow year 3 Inflow year 4 Inflow year 5 Inflow year 6 PROJECTA - $50,000 18,000 18,000 18,000 18,000 18,000 18,000 PROJECT B - $70,000 19,000 19,000 19,000 19,000 19,000 19,000

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