Question 1 (20 marks) You are considering the following two mutually exclusive investment projects: Year 0 1 2 3 4 Project A -$375,000 $121,125 $140,175 $60,000 $218,485 Project B -$375,000 $48,675 $114,000 $229,875 $144,165 Whichever project you choose, if any, you require a 10% return per year on your investment. Please show your calculations clearly for parts (a) to (c) below. (a) If f you apply the payback decision rule, which project will you choose if the company's targeted payback period is 3 years? Explain. (5 marks) (b) If you apply the discounted payback decision rule, which project will you choose if the company's targeted discounted payback period is 3 years? Explain. (5 marks) (c) If you apply the NPV decision rule, which project will you choose? Explain. (7 marks) (d) Based on your answers of (a) to (c), which project should you choose? Explain