2. Goodbar Practice expects projects 1 and 2 to generate the following cash flows: Project 1 (in thousands) Years 0 1 2 3 4 5 Givens: Initial Investment Net operating cash flows Project 2 (in Years thousands) Initial Investment Net operating cash flows ($2,000) $200 $300 $500 $1,000 $1,700 ($3,800) $1,000 $1,000 $1,000 $1,000 $1,000 (a) Determine the payback period for both projects (b) Determine the discounted payback period at 12 percent. (c) Determine the IRR (d) Determine the NPV at a cost of capital of 12 percent.