You are a financial analyst for AIM Inc. You have to recommend one of the two projects. The expected cash flows (in millions of dollars) for the projects are as follows: Year Project A Project B 0 -150 -150 1 60 5 2 60 65 3 60 115 4 60 75 The cost of capital for the firm is 14%. A. Compute the payback period, NPV and IRR of the projects. B. Would you accept Project A or B if they are independent? Would you accept project A or B if they are mutually exclusive? Explain why? C. Which project would you recommend and why? D. What is the range of discount rates for which you will accept project A and range of discount rate when you will accept project B?