You are analyzing a project and have prepared the following data: Project ABC Project XDA Year Cash flow Cash flow 0 -$169,000 -$195,000 $46,200 $ 80,000 2 $87,300 $ 75,000 3 $41,000 $ 48,000 4 $39,000 $ 43,000 Required payback period 2.5 years Required AAR 7.25 percent Required return 8.50 percent A) Calculate the IRR for both projects. If these two are mutually exclusive projects, based on IRR, which project would you accept? Is the decision based on IRR always correct? Explain. B) If these two projects are independent, based on IRR, which project would you accept? Why? C) Find the Profitability Index for both projects. If they are mutually exclusive projects, which one would you select based on this criterion? Justify your answer. D) Find the Discounted payback just for project ABC. Answer with 2 decimal places. Make the decision based on this criterion and justify your answer. Activate Windows Go to Sintonate Window