Q2) A firm has a WACC of 12.02% and is deciding between two mutually exclusive projects. Project A has an initial investment of $64.92. The additional cash flows for project A are: year 1 = $18.15, year 2 = $36.17, year 3 = $69.73. Project B has an initial investment of $72.94. The cash flows for project B are: year 1 = $57.09, year 2 = $35.22, year 3 = $27.39. 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)

Answer all questions or I will downvote