Print Expert is considering these two mutually exclusive projects, one with lifespan of 8 years and the other one with a lifespan of 5 years. The after tax cash flow from the two projects are as follows: Assume a cost of capital is 14 percent for both projects. (a) Calculate the following for each project: i. Payback period (PP) ii. Net present value (NPV) iii. Profitability index (PI) (b) Based on the decision criteria, which project should be chosen. State the reason