The treasurer of Firm A has projected the cash flows of projects #1 #2 #3. and #4 as follows. Firm A's discount rate is 4% per year. C C2 Project 1 - 100.000 70.000 60.000 50.000 Project #2 -200,000 50.000 120.000 40.000 Project #3 - 100.000 20,000 50.000 50.000 Project #4 - 100.000 60.000 80.000 60.000 a. (6 pts/compute the NPV and profitability index for each of the 4 projects. b. (4 pts) Suppose the 4 projects are independent. Which project(s) should Firm A accept? Explain briefly (5 pts) Suppose the 4 projects are mutually exclusive. Which project() should Firm A accept? Explain briefly, d. (5 pts) Suppose that Firm A's budget for these projects is $300,000. The projects are not divisible, which project(s) should Firm A accept? Explain briefly. Provide your work in the answer box