please anwer p10- 12 question

per year taxes) over a business career of 40 years. Jenny believes that her opportunity capital is 6%. Given her estimates, find the net present value (NPV) of enter MBA program. Are the benefits of further education worth the associated co P10-12 Payback and NPV Neil Corporation has three projects under consideration cash flows for each project are shown in the following table. The firm has a Iaverage, pelsu1l WILI LG 2 LG 3 P10-16 LG 4 cost of capital. Project A Project B Project Initial investment (CFo) -$40,000 -$40,000 -$40,000 Year (t) Cash inflows (CF) S 7,000 $19,000 16,000 13,000 10,000 7,000 $13,000 2 13,000 10,000 3 13,000 13,000 4 13,000 16,000 5 13,000 19,000 a. Calculate each project's payback period. Which project is preferred accor this method? net present value (NPV). Which project is preferred b. Calculate each project's ccording to this method? Comment acc your findings in parts a and b, and recommend the best projec C. on Explain your recommendation