Your division is considering two investment projects, each of which requires an up-front expend ture of $23 milion, You estimate that the cost of caphal is 94 and hat the investments will preduce the foliowing aftertax cash fows (in millions of dollars): a. What is the regular payback penod for each of the projects? flound your antwers to fwo decimal places. Project A : years Project B: years b. What is the discounted paybsck period for each of the projects? Do not round intermediate calculotions: Round your answers to two decimal places: Project A: years Project 8BS years c. If the two projects are independent and the cost of capital is 9%, which project or projects should the firm undertake? The firm should undertake d. If the two projects are mutually exclusive and the cost of capital is 5%, which project should the firm undertake? The fim should undertake 6. If the two projects are mutually exclusive and the cost of capital is 15%, which project should the firm undertake? The firm should undertake f. What is the cromsover rate? Round your anwer to two decimal places 9. If the cost of capital is 9\%, what is the modified IRA (MIAR) of each project? Do not round intermediate calculations. Round your anawers to bwo decimal places. Project A: Project E