Payback and NPV Nel Corporation has three projects under consideration. The cash flows for each of them are shown in the following table: a. Calculate each project's payback period. Which project is preferred? b. Calculate each project's net present value (NPV) assuming an) 17% cost of capital. Which project is preferred according to this method? c. Comment on your findings in parts a and b, and recommend the best project. a. The payback period of project Ais years. (Round to two decimal places.) A Data Table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Project A Project B Project C Initial investment (CF) $40.000 $40.000 $40,000 Year (6) Cash inflows (CF:) $15,000 55.000 $25,000 $15.000 $10.000 $20,000 $15,000 $15.000 $15,000 $15.000 $20,000 5 $15,000 S25,000 $5,000 $10.000 Print Done