All techniques with NPV profilelong dashMutually exclusive projectsProjects A and B, of equal risk, are alternatives for expanding Rosa Company's capacity. The firm's cost of capital is 16%. The cash flows for each project are shown in the following table:

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*Calculate each project's payback period.

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

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

*Indicate which project you would recommend. please could you write all answers clearly and properly step by step , thank you.

Project A $100,000 Project B $60,000 Initial investment (CF) Year (t) 1 2 3 4 5 Cash inflows (CF) $20,000 $20,000 $25,000 $20,000 $30,000 $20,000 $35,000 $20,000 $40,000 $20,000 a. The payback period of project A is years. (Round to two decimal places.) al. The payback period of project B is years. (Round to two decimal places.) b. The NPV of project A is $ (Round to the nearest cent.) b1 - The NPV of project B is $[ (Round to the nearest cent.) c. The IRR of project Ais %. (Round to two decimal places.) C1- The IRR of project B is %. (Round to two decimal places.) d. Which project will you recommend? (Select the best answer below.) O A. Project B OB. Project A