Payback and NPV Neil Corporation has three projects under consideration. The cash flows for each of them are shown in the following? table:

The firm has a cost of capital of 15?%.

a.??Calculate each? project's payback period.

Which project is preferred according to this? method? (Round two deccimal places.)

b.??Calculate each? project's net present value (NPV).

Which project is preferred according to this? method?

c.??Comment on your findings in parts a and b?, and recommend the best project. Explain your recommendation.

Need help please and thank you!

https://www.mathxl.com/Stu ld = 3860362 53&questionide 1 &flushed-false&cld =41 26784¢erwins yes 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 $40,000 Project E $40,000 Cash inflows (CFt) $4,000 $10,000 $16,000 $22,000 $28,000 Project C Initial investment (CFO) Year (t) $40,000 $16,000 $16,000 $16,000 $16,000 $16,000 $28,000 $22,000 $16,000 $10,000 $4,000 4 Print Done 10:07 AM