please answer part c

tof capital at 9%. The cash Intlows Ssociate win me projects are a Table - the icon here preadsheet.) in order to copy the contents of the data table below Year 1 2 3 4 5 6 Cash inflows (CF) Project A Project B $30,000 $65,000 $30,000 $70,000 $30,000 $10.000 $30,000 $10.000 $30,000 $10.000 $30.000 $10.000 Print Done 9:55 PM Score: 0.4 of 1 pt 6 of 8 (6 complete) HW Score: 61.25%, 4.9 of 8 pts P10-21 (similar to) Question Help All techniques, conflicting rankings Nicholson Roofing Materials, Inc. is considering two mutually exclusive projects, each with an initial investment of $90,000. The company's board of directors has set a 4-year payback requirement and has set its cost of capital at 9% The cash inflows associated with the two projects are shown in the following table: a. Calculate the payback period for each project. Rank the projects by payback period. b. Calculate the NPV of each project. Rank the project by NPV. c. Calculate the IRR of each project. Rank the project by IRR d. Make a recommendation Data Table - X TELE O B. Project A b. The NPV of project Ais 5 44577 56. (Round to the nearest cont.) (Click on the icon here in order to copy the contents of the data table below into a spreadsheet) The NPV of project B is $ 55818.70 (Round to the nearest cont.) According to the NPV method, which project should the firm choose? is Year 1 A Project B OB Project A Cash inflows (CF) Project A Project B $30,000 $65.000 $30,000 $70.000 $30.000 $10.000 $30.000 $10.000 $30,000 $10.000 $30.000 $10,000 c. The IRR of project Ais (% (Round to two decimal places) Enter your answer in the answer box and then click Check Answer Print Done 3 parts remaining a II e 00) IN 9:56 PM