You are a senior manager at Poeing Aircraft and have been authorized to spend up to $407,000 for projects. The three projects you are considering have the following characteristics: Project A: Initial investment of $273,000. Cash flow of $197,000 at year 1 and $177,000 at year 2. This is Project B: Initial investment of $383,000. Cash flow of $277,000 at year 1 and $247,000 at year 2. This is Project C: Initial investment of $223,000. Cash flow of $167,000 at year 1 and $197,000 at year 2. This is a plant expansion project, where the required rate of return is 17 percent. a new product development project, where the required rate of return is 13 percent. a market expansion project, where the required rate of return is 17 percent Assume the corporate discount rate is 17 percent Required: Calculate the following: (Do not include the dollar signs (S) and percent signs (%). Round your answers to 2 decimal places. (e.g., 32.16) Payback IRR PI NPV years years