2 Year Project A $ 22,000 17,000 6,000 Project B $ 55,000 15,000 25,000 3 7,000 35,000 Discount rate 9% 10% a) Calculate the Net Present Value (NPV) methods and explain which project is better. (1.5 marks) b) Calculate the Internal Rate of Return (IRR) of the two projects and explain which project is better. (1.5 marks) c) Calculate the Profitability Index (PI) of the two projects and explain which project is better. (1.5 mark) Note: You are allowed to use Financial Calculator for the toolbar prorr LT510(BC0r ALT+EN+F10 (Mac)