Project A Project B Initial investment $26,500 $25,000 1 $10,000 $10,000 2 $10,000 $10,000 3 $10,000 $9,000 4 $10.000 $8,000 Required: a. Calculate each project's payback period assuming the acceptable period was 2.4? b. Calculate the net present value (NPV) for each project. c. Calculate Profitability Index (PD) for each project. d. Summarize the preferences dictated by each measure (Payback period, NPV, PI and IRR assuming the IRR for project A is 9.8% and project B is 10.02%), and indicate which project you would recommend. Explain why? Sendon Project A Project B Initial investment $26,500 $25,000 1 $10,000 $10,000 2 $10,000 $10,000 3 $10,000 $9,000 4 $10.000 $8,000 Required: a. Calculate each project's payback period assuming the acceptable period was 2.4? b. Calculate the net present value (NPV) for each project. c. Calculate Profitability Index (PD) for each project. d. Summarize the preferences dictated by each measure (Payback period, NPV, PI and IRR assuming the IRR for project A is 9.8% and project B is 10.02%), and indicate which project you would recommend. Explain why? Sendon