When inputting an answer, round your answer to the nearest 2 decimal places. If you need to use a calculated number for further calculations, DO NOT round until after all calculations have been completed. For the final answer, Round to 2 decimal places.

Q2) A firm has a WACC of 12.49% and is deciding between two mutually exclusive projects. Project A has an initial investment of $64.59. The additional cash flows for project A are: year 1 = $15.80, year 2 = $36.52, year 3 = $63.31. Project B has an initial investment of $73.54. The cash flows for project B are: year 1 = $54.61, year 2 = $39.91, year 3 = $29.88. Calculate the Following:

a) Payback Period for Project A: (2 points)

b) Payback Period for Project B: (2 points)

c) NPV for Project A: (2 points)

d) NPV for Project B: (2 points)