Q2) A firm has a WACC of 9.87% and is deciding between two mutually exclusive projects. Project A has an initial investment of $61.32. The additional cash flows for project A are: year 1 = $15.88, year 2 = $38.92, year 3 = $47.32. Project B has an initial investment of $70.46. The cash flows for project B are: year 1: $55.66, year 2 = $38.89, year 3 = $23.04. 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)