Question 7 5 pts Use the following after-tax cash flows for project A and B to answer the following question: (Numbers in parentheses are negative cash flows). These two projects are independent Year Cash Flow of A Cash Flow of B 0 ($2,400) ($4,500) 1 $999 $800 2 $950 $950 3 ($150) $950 $910 $800 5 $990 $900 6 ($500) $1980 What is the approximate payback of project B if the required rate of return is 10%? 4.56 years 6 years 5.05 years. The payback cannot be calculated. O O 4.96 years Question 6 5 pts 1 Use the following after-tax cash flows for project A and B to answer the following question: (Numbers in parentheses are negative cash flows). These two projects are independent. Year Cash Flow of A Cash Flow of B 0 ($2,400) ($4,500) $999 $800 2 $950 $950 ($150) $950 $910 $8 5 $990 $900 6 ($500) $1980 What is the approximate IRR of project Aif the required rate of return is 10%? 3 4 12.30% O 13.24% O 12.58%. O 19.76% O 14.23%