All techniques with NPV profilelong dashMutually exclusive projects???

Projects A and? B, of equal? risk, are alternatives for expanding Rosa? Company's capacity. The? firm's cost of capital is 14?%. The cash flows for each project are shown in the following? table:

Project A Project B

Initial investment $80,000 $50,000

Year Cash inflows

1 $15,000 $15,000

2 $20,000 $15,000

3 $25,000 $15,000

4 $30,000 $15,000

5 $35,000 $15,000

a.??Calculate each? project's payback period.

b.??Calculate the net present value? (NPV) for each project

. c.??Calculate the internal rate of return? (IRR) for each project.

d.??Indicate which project you would recommend.