Uso tho NPV mettrod to deterniale whethar Smith Products should invest in tho fosowing projects. - Project A. Costs $290,000 and offers seven annual not cash effows of $52.000 Smith Products requites an annualletum of 14$ on irivestments of the nature - Projact B Costs $390,000 and oflors 9 annual not cash infloss of $75,000 Smith Products demands an annual return of 12% on investments of this nature iclick the icon to vurw Prosent Value of 51 table) (Cick the icon to viow Present Vuluo of Ordinary Annuily of 31 tablo). Read the tequilaments mines sign for a negativi nat preseet vilive) Cackilato the NTY (rot present vatue) of eoch pioject Begin by calculating the NPV of Project A Requirements 1. What is the NIV of each proeen? Assume nether propet has a cesedin valup Round to two bocmal places 2. What is the maumum acceptable pece to pay for each propen Reference Reference Reference Reference Reference Requirement 2. What is the maximum acceptable price to pay for each project? Requirement 3. What is the profitability index of each project? (Round to two decimal places, XXX ) Select the formula. then enter the amounts to calculate the profitabitity index of each project