Q2) A firm has a WACC of 8.78% and is deciding between two mutually exclusive projects. Project A has an initial investment of $64.60. The additional cash flows for project A are: year 1 = $16.73, year 2 = $38.38, year 3 = $55.37. Project B has an initial investment of $74.93. The cash flows for project Bare: year 1 = $53.52, year 2 = $42.01, year 3 = $30.97. 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)