Q) A firm has a WACC of 8.82% and is deciding between two mutually exclusive projects. Project A has an initial investment of $61.60. The additional cash flows for project A are: year 1=$15.50, year 2=$38.13, year 3=$40.13. Project B has an initial investment of $72.42. The cash flows for project B are: year 1=$53.37, year 2=$39.61, year 3=$27.62. Calculate the Following: -Payback Period for Project A: -Payback Period for Project B: -NPV for Project A: -NPV for Project B