Q2) A firm has a WACC of 13.00% and is deciding between two mutually exclusive projects. Project A has an initial investment of $64.86. The additional cash flows for project A are: year 1 = $16.21, year 2 = $38.65, year 3 = $44.28. Project B has an initial investment of $71.06. The cash flows for project B are: year 1 = $52.40, year 2 = $45.08, year 3 = $36.52. Calculate the Following:

Payback Period for Project A:

Payback Period for Project B:

NPV for Project A:

NPV for Project B: