All techniques with NPV profileMutually exclusive projects Projects 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: 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. Data Table a. The payback period of project Ais years. (Round to two decima The payback period of project B is years. (Round to two decimal p (Click on the icon here e in order to copy the contents of the data table below into a spreadsheet.) b. The NPV of project A is $. (Round to the nearest cent.) Project A $210,000 Project B $180,000 The NPV of project B is $. (Round to the nearest cent.) Initial investment (CF) Year (1) c. The IRR of project Ais %. (Round to two decimal places.) Question Viewer 1 The IRR of project is % (Round to two decimal places.) 2 Cash inflows (CF) $55,000 $55,000 $60,000 $55,000 $65,000 $55,000 $70,000 $55,000 $75,000 $55,000 3 d. Which project will you recommend? (Select the best answer below. 4 5 O A. Project A O B. Project B Print Done