Your firm is subject to capital rationing and can only invest $60,000. You've estimated the following cash flows (in $) for two projects: Year Project A Project B 0 -52,000 -52,000 1 10,000 30,000 2 20,000 20,000 3 30,000 10,000 4 40,000 0 The required return for both projects is 8%. . Part 1 What is the payback period for project A? . Part 2 What is the payback period for project B? . Part 3 Which project seems better according to the payback method? Project B Project A . Part 4 What is the NPV for project A? . Part 5 What is the NPV for project B? . Part 6 Which project seems better according to the NPV method? Project B Project A . Part 7 Compare the answers to parts 3 and 6. If both projects are mutually exclusive, which one should you accept? Project B Project A