Q) A firm has a WACC of 13.85% and is deciding between two mutually exclusive projects.Project A has an initial investment of $64.01. The additional cash flows for project A are: year 1 = $17.16, year 2 = $37.30, year 3 = $47.27. Project B has an initial investment of $74.96. The cash flows for project B are: year 1 = $52.24, year 2 = $45.43, year 3 = $26.84. Calculate the Following:

-Payback Period for Project A:

-Payback Period for Project B:

-NPV for Project A:

-NPV for Project B: