Score: 0 of 1 pt 1 10 of 10 (4 complete) HW Score: 32.59%, 3.26 of 10 pts P10-24 (similar to) 0 All techniques-Decision among mutually exclusive investments Pound Industries is attempting shown in the following table. select the best of three mutually exclusive projects. The initial investment and after-tax cash Infiows associated with these projects are Cash flows Initial investment (CF) Cash inflows (CF), (= 1 to 5 Project A $130,000 $45,000 Project B $160,000 $56,000 Project C $180,000 $56,500 a. Calculate the payback period for each project. b. Calculate the net present value (NPV) of each project, assuming that the firm has a cost of capital equal to 14%. c. Calculate the internal rate of return (IRR) for each project. d. Indicate which project you would recommend. a. The payback period of project Ais years. (Round to two decimal places.)