A fim with a 10% WACC is evaluating two projects for this year's capital budget. The relevant cash flows for each project are shown in the following table. Projects Project P Initial Investment (CF) $ 450.000 $ 100,000 Yeart) Cash Inbows (CF) 1 $200,000 50,000 2 150,000 40,000 3 100,000 30,000 4 100.000 20,000 5 100.000 20,000 Requirements: Calculate each project's payback period Calculate NPV and IRR for each project. Which project do you choose and why