2 1 Use the following data to answer the next 3 questions: Bryce Fordham is evaluating two mutually exclusive projects (expected cash flows shown below). The firm's cost of capital is 11 percent. (Round each amount to the nearest cent.) Year Project A Project B 0 (800) 1 450 2 420 3 NPV? a. b. IRR? C. d. 3.09 years e. 3.22 years 380 300 Calculate the Discounted Payback Period for Project B. 2.19 years 2.40 years 2.80 years adopte c. 30.98 percent d. 35.72 percent e. 33.64 percent (800) 250 350 500 600 Calculate the Internal Rate of Return for Project A. a. 32.35 percent b. 29.41 percent pital is betwer between 29.0994 sh flows