Q#6) Calculate the payback period for the following: a) Project A: Initial Cost $80,000 earns $19,000 per year. Project B: Initial Cost $100,000 earns $25,000 per year and b) What are the downsides of using of using payback period to analyze a project? c) What could you consider as limitations of Net Present Value (NPV) and Internal Rate of Return (IRR) approaches in making capital investment decisions? d) What do you know about Profitability Index (PI), Modified Internal Rate of Return (MIRR) and how is MIRR different from IRR?