Project A Project B Initial Investment $29000 $28.000 $10,000 $10,000 2 $10.000 $10,000 $10,000 $9,000 $10,000 58.000 Required: a. Calculate each project's payback period b. Calculate the not present value (NPV) for each project c. Calculate Profitability index (PI) for each project d. Summarize the preferences dictated by each measure (Payback period, NP Course dash (CLOS) ou First Bank is in the process of choosing the better of two equal risk, mutual exclusive capital expenditure projects-A and B The relevant cash flows for each proje shown in the following toble. The firm's cost of capital is 18%