2) (4 pts) Consider the following information concerning two mutually exclusive projects both with an appropriate cost of capital is 11% : Project S and Project T : Project S: NPV =$20,250,IRR=18.0%, Payback Period =3.4 year . Project T: NPV =$34,550,IRR=12.2%, Payback Period =5.1 years c) Which project would be considered less risky and more liquid to undertake? (Project S or Project T ) because d) Which project is more profitable if risk and liquidity were not a major concern? (Project S or Project T ) because