score: 0 Of 10 pis 9 of 9 (0 complete) V HW Score: 0%, 0 of 59 pts OF P10-24 (book/static) i Question Help enu All techniques-Decision among mutually exclusive investments Pound Industries is attempting to select the best of three mutually exclusive projects. The initial investment and after-tax cash inflows associated with these projects are shown in the following table ents Cash flows Project A Project B Project C Initial investment (CF) $60,000 $100,000 $110,000 ewo Cash inflows (CF), t= 1 to 5 $20,000 $31,500 $32,500 uiz/ 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 13% c. Calculate the internal rate of return (IRR) for each project. d. Indicate which project you would recommend a. The payback period of project A is |years. (Round to two decimal places.)