XYZ Company has identified two mutually exclusive projects. Project A has cash flows of $40,000, $21,200, $20,000, and $14,000 for Years 0 to 3, respectively. Project B has a cost of $38,000 and annual cash inflows of $25,500 for 2 years. a) What is the payback period for both the projects? Which project you should select based on the payback period? (6 pts) b) What is the IRR for both the projects? Which project you should select based on the IRR? (8 pts) c) At what rate would you be indifferent between these two projects (crossover rate)? (8 pts) d) When you should select project A over project B, provide your answer using the NPV profile (hint: you have to compare based on the required rate of return and crossover rate)? (8 pts)