Consider two mutually exclusive new product launch projects that Saudi Gulf Company is considering.Assume the discount rate for Saudi Gulf is $15$ percent.Project A:Professional clubs that will take an initial investment of $$99,000$ at time $0.$Next five years $($years $1-5)$ of sales will generate a consistent cash flow of $$39700$ per year.Introduction of new product at year $6$ will terminate further cash flows from thisProject.Project B:High$-$end amateur clubs that will take an initial investment of $$30,000$ at time $0.$Cash flow at year $1$ is $$20,000.$ In each subsequent year cash flow will grow at$15$ percent per year up to year $5.$Calculate the following $($and show your calculations$)$:$1-$ NPV for each project. Which project you chose according to NPV$?2-$ IRR for each project. Which project you chose according to IRR?$3-$ Profitability index for each project. Which project you chose accordingly?$4-$ Incremental IRR, for each project. Which project you chose according to incremental IRR?