Q2) A firm has a WACC of 11.72% and is deciding between two mutually exclusive projects. Project A has an initial investment of $62.42. The additional cash flows for project A are: year 1 = = $17.40, year 2 $37.78, year 3 = $69.01. Project B has an initial investment of $74.41. The cash flows for project B are: year 1 = $59.38, year 2 $37.88, year 3 $22.70. Calculate the Following: = = a) Payback Period for Project A: (2 points) b) Payback Period for Project B: (2 points) c) NPV for Project A: (2 points) d) NPV for Project B: (2 points) 2.10 1.40 $32.91 $25.37