(a) (b) (C) Two mutually exclusive projects, C and D, will have an initial cost of $20,000 each and are expected to yield the following after-tax cash flows. Year 1 2 3 4 5 6 7 8 C $4,000 $6,000 $5,000 $4,000 $6,000 $2,000 $2,000 $2,000 D $8000 $6,000 $6,000 $1,000 $3,000 $4,000 Basedonthepaybacktechnique, accept Project C, Project D, neitherorboth (6 marks) Based on the NPV technique, if the required rate of return is 12%, would you accept Project C, Project D, neither or both? (7 marks) Based on the EAA technique, if the required rate of return is 12%, would you accept Project C, Project D, neither or both? (7 marks) ifthemaximumacceptable Payback Periodis 4 years, would you