Problem 10-31 (similar to) The required rate of return on (Time-disparity problem) The State Spartan Corporation is considering two mutually exclusive projects. The free cash flows associated with these projects are shown in the popup window: these projects is 8 percent. a. What is each project's payback period? b. What is each project's NPV? c. What is each project's IRR? d. What has caused the ranking conflict? e. Which project should be accepted? Why? i X Data Table PROJECT A - $30,000 11,625 11,625 11,625 11,625 11,625 PROJECT B - $30,000 0 0 Initial outlay Inflow year 1 Inflow year 2 Inflow year 3 Inflow year 4 Inflow year 5 0 0 80,000 Print Done Clear All Final Check