ABX company is considering two mutually exclusive projects, with an initial investment of $$140,000$ for Project A and $$160,000$ for Project B$.$ The cash inflows associated with the two projects are shown in the following table.

Cash inflows $($CFt$)$

Year Project A Project B

$1$ $$40,00065,000$

$240,00060,000$

$440,00045,000$

$440,00035,000$

$540,000$

$1.$ Calculate the Payback period for each project if the company's board of directors has set a maximum $4-$year payback requirement. Choose the project or project to be accepted. Explain results obtained

$2.$ Calculate the NPV for each project assuming a cost of capital at $8\%.$ Choose the project or project to be accepted. Explain results obtained

$3.$ Compute the ANPV. Choose the project or project to be accepted. Explain results obtained

$4.$ Compute the approximate IRR for each project. Consider in your final evaluation a WACC of $8\%$ Choose the project or project to be accepted. Explain results obtained.