Year Cash Flow A Cash Flow B -45,000 -90,000 1 17,000 19,000 2 23,000 24,000 19,000 35,000 5,000 250,000 WACC = 10% 1) Calculate the payback 2) Calculate the IRR 3) Calculate the NPV 4) Calculate the Profitability Index 5) If you could only choose one project, which would you choose? 6) If year 2 had negative cash flows, how would the IRR calculation differ