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Q2) A firm has a WACC of 9.41% and is deciding between two mutually exclusive projects. Project A has an initial investment of $64.70. The

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Q2) A firm has a WACC of 9.41% and is deciding between two mutually exclusive projects. Project A has an initial investment of $64.70. The additional cash flows for project A are: year 1=$15.65, year 2=$36.28, year 3=$58.10. Project B has an initial investment of $71.43. The cash flows for project B are: year 1=$52.02, year 2=$48.16, year 3= $34.61. 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)

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